Publication:
Capital structure of Malaysian Shari'ah-compliant firms

dc.citedby8
dc.contributor.affiliationsUniversity Kuala Lumpur
dc.contributor.affiliationsUniversity Sains Islam Malaysia (USIM)
dc.contributor.affiliationsUniversiti Putra Malaysia (UPM)
dc.contributor.authorThabet O.B.en_US
dc.contributor.authorShawtari F.A.en_US
dc.contributor.authorAyedh A.M.en_US
dc.contributor.authorAli F.en_US
dc.date.accessioned2024-05-28T08:24:34Z
dc.date.available2024-05-28T08:24:34Z
dc.date.issued2017
dc.description.abstractThis study examines the capital structure of choices in Shari'ah-compliant markets in view of the numerous attempts made to address the issue of capital structure choice since 1958. None of these attempts studied the capital structure of Shari'ah-compliant markets. This study applies the model proposed by Huang and Song (2006) to test the determinants of capital structure as suggested by capital structure theories. It uses the regression of fixed effect model to examine the relationship between capital structure and its determinants for 263 Shari'ah-compliant firms listed on the Bursa Malaysia over the 2006-2011 period. The paper found evidence suggesting that the capital structure choice of Shari'ah-compliant firms is influenced by factors such as non-debt tax shields (NDTS), profitability, and risks. However, there is no evidence of the influence of tax and tangibility on capital structure choice of Shari'ah-compliant firms.
dc.description.natureFinalen_US
dc.identifier.doi10.4197/Islec.30-1.10
dc.identifier.epage116
dc.identifier.issn73831018
dc.identifier.issue1
dc.identifier.scopus2-s2.0-85011292133
dc.identifier.spage105
dc.identifier.urihttps://www.scopus.com/inward/record.uri?eid=2-s2.0-85011292133&doi=10.4197%2fIslec.30-1.10&partnerID=40&md5=b607bb372c6631e0070c4a7a01dfd7ca
dc.identifier.urihttps://oarep.usim.edu.my/handle/123456789/8518
dc.identifier.volume30
dc.languageEnglish
dc.language.isoen_US
dc.publisherKing Abdulaziz University Scientific Publishing Centeren_US
dc.relation.ispartofJournal of King Abdulaziz University, Islamic Economics
dc.sourceScopus
dc.subjectLeverageen_US
dc.subjectMalaysiaen_US
dc.subjectShari'ah-compliant firmsen_US
dc.titleCapital structure of Malaysian Shari'ah-compliant firms
dc.typeArticleen_US
dspace.entity.typePublication

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