Heterogeneity of capital structure adjustment speed across Industry sector: Evidence from non-financial firms in Malaysia.

Heterogeneity of capital structure adjustment speed across Industry sector: Evidence from non-financial firms in Malaysia.

This study investigates the speed of adjustment (SOA) to target leverage for different industry sectors in Malaysia. Using the two-step system generalized method of moments for 415 non-financial firms from 2010 to 2021, we found that the SOA for the overall sample is 38.6% and 22.0% for total debt a...

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Bibliographic Details
Published in:INDONESIAN CAPITAL MARKET REVIEW
Main Authors: Chua, Mei-Shan; Wahab, Noor Maimun Abdul; Roslen, Siti Nurhidayah Mohd; Chuah, Soo-Cheng; Nizar, Nurhuda; Chin, Hon-Choong
Format: Article
Language:English
Published: UNIV INDONESIA 2024
Subjects:
Business & Economics
Online Access:https://www-webofscience-com.uitm.idm.oclc.org/wos/woscc/full-record/WOS:001284587200001

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