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العنوان
The Effect of Firm characteristics on Capital Structure as Applied on non-Financial Firms in Egypt/
المؤلف
Abdelaziz, Baher Mohamed Ibrahim Ali.
هيئة الاعداد
باحث / Baher Mohamed Ibrahim Ali Abdelaziz
مشرف / Nader Alber Fanous
مشرف / Mohamed Ahmed Whadan
تاريخ النشر
2018.
عدد الصفحات
75 p. ;
اللغة
الإنجليزية
الدرجة
ماجستير
التخصص
الأعمال والإدارة والمحاسبة (المتنوعة)
تاريخ الإجازة
1/1/2018
مكان الإجازة
جامعة عين شمس - كلية التجارة - إدارة الأعمال
الفهرس
Only 14 pages are availabe for public view

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from 75

Abstract

This research attempts to investigate the determinants of capital structure of a sample of EGX100 non-financial firms covering the period from 2009 to 2017, the sample include 61 non-financial firm and total observation is 610, this research data include 6 financial ratios for each firm, e.g. total debt ratio (total debt/total assets), long-term debt ratio (long-term debt/total assets), short-term debt ratio (short-term debt/total assets), firm growth ratio (total assets growth), firm size (log of market cap), profitability (return on assets), tenability (fixed assets/total assets), results showed positive significant relationship between firm growth and long term debt ratio and total debt ratio. Negative relationship has been found between firms’ size and total debt and long term debt ratio, moreover, research found that firm profitability inversely affect total debt ratio and short-term debt ratio, the relationship between tangibility and all debt maturity is positive significant relationship; results conform with pecking order theory and similar to other results found on developed countries.