Determinant of Capital Structure:An Empirical Study of Cement Sector of Pakistan
Journal Title: Asian Journal of Management Sciences and Education - Year 2015, Vol 4, Issue 3
Abstract
This research based on determinant of capital structure of cement sector of Pakistan.This sector play important role in the Pakistan economic development. In thisresearch we analyzed the firm independent variables which are firm size growth, angibility and profitability with the dependent variable which is leverage of the firm.The analysis techniques which are used in this research are pooled regression model.This model was developed by Rajan (1995).This regression model provide clearpicture of effect of independent variable on dependent variable. We analyzed fourhypotheses in this research for the result. In this study took 20 firms data from thecement sector of Pakistan for the analysis. Data was collected from state bank ofPakistan publications tenure of 2006-2011 and also take help from respectivecompany official websites. In the last of this research found inverse relation betweenfirm growth and firm size. Size of the firm is negatively associated with the firml everage. This research analysis is not agreed with the static trade off theory.
Authors and Affiliations
Ishtiaq Khan, Saeed Ullah Jan, Mushtaq Khan
Keywords
Related Articles
- EP ID EP148994
- DOI -
- Views 119
- Downloads 0
IMPLEMENTATION PRACTICES OF THE PHILIPPINE MAGNA CARTA FOR PERSONS WITH DISABILITY
Philippine Magna Carta for Persons with Disability (PWDs) provides that it is the duty of the State to give full support to the improvement of the total well-being of PWDs. The Philippine government recognizes disabili...
THE EFFECT OF BANK INDONESIA CERTIFICATES, COMPOSITE STOCK PRICE INDEX AND EXCHANGE RATE ON MUTUAL FUND PERFORMANCE FOR PERIOD OF 2012-2014
The study aims to analyze the effect of Bank Indonesia (SBI) certificates composite stock price index (JCI), and exchange rate partially and simultaneously on the Performance of 10 mutual funds of Dana Investment Managem...
Analyzing China’s Banking System as One of its Economic Rise Factors
In 2013, China’s GDP grew at an average annual rate of nearly 10% than 1979. Many economists provide that China’s economic will take a key position in international trade map and a major place with the world leaders at b...
REVITALIZATION OF ACEH CULTURE FOR THE TRANSFORMATIONAL LEADERSHIP IN THE PROVINCIAL GOVERNMENT SYSTEM
Aceh is a unique province in Indonesia which has the privilege local autonomy in socio-religious, cultural, political and administrative sectors. This contribution discusses the revitalization of local genius of Aceh cul...
CONFLICT, GLOBAL PEACE & SECURITY: THE ROLE OF CIVIL DEFENCE
Debates, discussions and topical issues on security, conflict and need for global peace have been as old as the world itself. Conflict and the need for peaceful resolutions for purposes of sustainable cohabitatio...