Determinants of Capital Structure

dc.contributor.author	Syed Tahir Hijazi
dc.contributor.author	Yasir Bin Tariq
dc.date.accessioned	2014-08-11T08:42:42Z
dc.date.available	2014-08-11T08:42:42Z
dc.date.issued	2006-06
dc.identifier.citation	The Lahore Journal of Economics Volume 11, No.1	en_US
dc.identifier.issn	1811-5438
dc.identifier.uri	http://121.52.153.179/Volume.html
dc.identifier.uri	http://hdl.handle.net/123456789/5655
dc.description	PP.18 ;ill	en_US
dc.description.abstract	This paper attempts to determine the capital structure of listed firms in the cement industry of Pakistan. The study finds that a specific industry’s capital structure exhibits unique attributes which are usually not apparent in the combined analysis of many sectors as done by Shah & Hijazi (2005). The study took 16 of 22 firms in the cement sector, listed at the Karachi Stock Exchange for the period 1997-2001 and analyzed the data by using pooled regression in a panel data analysis. Following the model developed by Rajan & Zingle (1995) it has chosen four independent variables i.e. firm size (measured by natural log of sales), tangibility of assets, profitability and growth and further analyzed the effects on leverage. The results, except for firm size, were found to be highly significant	en_US
dc.language.iso	en	en_US
dc.publisher	© The Lahore School of Economics	en_US
dc.subject	Determinants	en_US
dc.subject	Structure	en_US
dc.title	Determinants of Capital Structure	en_US
dc.type	Article	en_US