The Effect of Debt-Based Financing Structure on the Market Value of Companies: A Sample Case Study of Companies Listed on the Malaysian Stock Exchange in the Period between 2001 and 2023
| المصدر: | مجلة البشائر الاقتصادية |
|---|---|
| الناشر: | جامعة طاهري محمد، بشار - كلية العلوم الاقتصادية والعلوم التجارية وعلوم التسيير |
| المؤلف الرئيسي: | Messaoud, Fatima Zahra (Author) |
| مؤلفين آخرين: | Baroudi, Naima (Co-Author) |
| المجلد/العدد: | مج10, ع3 |
| محكمة: | نعم |
| الدولة: |
الجزائر |
| التاريخ الميلادي: |
2024
|
| الشهر: | ديسمبر |
| الصفحات: | 419 - 434 |
| DOI: |
10.33704/1748-010-003-025 |
| ISSN: |
2437-0932 |
| رقم MD: | 1528398 |
| نوع المحتوى: | بحوث ومقالات |
| اللغة: | الإنجليزية |
| قواعد المعلومات: | EcoLink |
| مواضيع: | |
| كلمات المؤلف المفتاحية: |
Debt-Financing Structure | Market Value of Companies | Malaysia Stock Exchange | Debt to Asset Ratio
|
| رابط المحتوى: |
عدد مرات التحميل
2
| المستخلص: |
The research paper examines how the structure of debt financing affects the market value of companies in the industrial sector listed on the Malaysian Stock Exchange from 2001 to 2023. A panel data model was used to analyse the relationships among various variables. Market capitalization is the dependent variable, while the debt-to-assets ratio, long-term debt-to-assets ratio, debt-to-equity ratio, and inflation rate are independent variables. Control variables include firm size, return on assets (ROA), firm growth, and current ratio. The findings indicate that the debt to-assets ratio, firm size, and liquidity ratio positively affect market value, while the other variables have a negative effect. Based on the Housman test results, the random effects model was chosen for data analysis. This study highlights the significance of debt financing structure in enhancing corporate market value and provides recommendations for financial managers, investors, and policymakers on effective financing strategies to boost corporate value. |
|---|---|
| ISSN: |
2437-0932 |
عناصر مشابهة
-
The Effect of the Company's Value on the Market Value of the Shares: An Applied Study on a Sample of Commercial Banks Listed in the Iraqi Stock Exchange
بواسطة: Al-Khafaji, Farah Abdul-Kadhim Suhail منشور: (2022) -
The Effect of the Capital Asset Pricing Model "CAPM" on the Market Value of Stock Prices: An Analytical Study of a Sample of Companies Listed in the Iraq Stock Exchange for the Period from "2011-2020"
بواسطة: Al-Khafaji, Omar Hamed Felfel منشور: (2022) -
The Role of the Added Value of Intellectual Capital in Improving the Market Value of the Shareholding Companies Listed on the Iraq Stock Exchange
بواسطة: الكعبي، جعفر عبدالحسين حلو منشور: (2023) -
The Impact of Stock Options Trading on the Market Value of Companies Listed in Kuwait Stock Exchange
بواسطة: Timraz, Ghada Ali منشور: (2012) -
The Impact of Economic Value Added and the Market Value Added on Earning per Share: Case Study of the Industrial Companies Listed in Kuwait Stock Exchange During the Period 2012 - 2016
بواسطة: Melikaoui, Mouloud منشور: (2018)
