ScholarLens Back to search
2014•RePEc: Research Papers in EconomicsOpen access

CAPITAL STRUCTURE DETERMINANTS OF PUBLICLY LISTED COMPANIES IN SAUDI ARABIA

Turki S. F. Alzomaia

Open full text 40 citations

Abstract

This paper investigates the capital structure of listed firms in Saudi Arabia, using firm specific data to study the determinants of leverage. The study is based on an analysis of the capital structure of 93 Saudi listed companies. The study extends from 2000 to 2010 and employs cross-sectional pool data methodology. The results suggest there exists a positive relationship between size, growth of the firm and leverage. On the other hand, the results show there are negative relationships between tangibility of assets, profitability, risk and leverage.

Open-access reader

About this research paper

What this paper is about

This paper investigates the capital structure of listed firms in Saudi Arabia, using firm specific data to study the determinants of leverage. The study is based on an analysis of the capital structure of 93 Saudi listed companies. The study extends from 2000 to 2010 and employs cross-sectional pool data methodology. The results suggest there exists a positive relationship between size, growth of the firm and leverage. On the other hand, the results show there are negative relationships between tangibility of assets, profitability, risk and leverage.

Why it matters

OpenAlex reports 40 citations for this work. Citation counts describe recorded attention and do not establish research quality.

Key contribution

A contribution statement is not available in the OpenAlex record.

Method / approach

Method details are not available in the OpenAlex metadata.

Main findings

Findings are not separately available in the OpenAlex metadata.

Limitations

Limitations are not available in the OpenAlex metadata.

Applications

Application details are not available in the OpenAlex metadata.

Available abstract

This paper investigates the capital structure of listed firms in Saudi Arabia, using firm specific data to study the determinants of leverage. The study is based on an analysis of the capital structure of 93 Saudi listed companies. The study extends from 2000 to 2010 and employs cross-sectional pool data methodology. The results suggest there exists a positive relationship between size, growth of the firm and leverage. On the other hand, the results show there are negative relationships between tangibility of assets, profitability, risk and leverage.

Key concepts: Capital structure, Leverage (statistics), Profitability index, Business, Operating leverage, Monetary economics, Finance, Economics

Related papers

Related paper 1Related paper 2Related paper 3
Back to paper searchBrowse research topicsOriginal source
CAPITAL STRUCTURE DETERMINANTS OF PUBLICLY LISTED COMPANIES IN SAUDI ARABIA — Research Paper | ScholarLens