Capital structure determinants of Non-Bank Financial Institutions (NBFIs) in Bangladesh
This article was published in World Review of Business Research [© 2012 World Review of Business Research] and the definite version is available at: http://www.wrbrpapers.com/static/documents/January/2012/5.%20Sayla.pdf The article website is at: http://www.wrbrpapers.com/previous_issue/January/2012...
1. autor: | |
---|---|
Format: | Artykuł |
Język: | English |
Wydane: |
© 2012 World Review of Business Research
2016
|
Hasła przedmiotowe: | |
Dostęp online: | http://hdl.handle.net/10361/6459 |
id |
10361-6459 |
---|---|
record_format |
dspace |
spelling |
10361-64592016-09-26T06:35:21Z Capital structure determinants of Non-Bank Financial Institutions (NBFIs) in Bangladesh Siddiqui, Sayla Sowat Corporate finance This article was published in World Review of Business Research [© 2012 World Review of Business Research] and the definite version is available at: http://www.wrbrpapers.com/static/documents/January/2012/5.%20Sayla.pdf The article website is at: http://www.wrbrpapers.com/previous_issue/January/2012 This research examines the relative importance of eight factors in the capital structure decisions of Non-bank Financial Institutions in Bangladesh. Existing empirical research on capital structure has largely been confined to developed countries. The papers related to emerging economies usually group several countries together. The Bangladesh Financial Market has been developing at an exponential rate and dedicated research in this field is required. The study utilizes a larger data set in comparison to the earlier studies on Bangladesh and examines additional factors. We used data of 24 firms for the period of 2006-2008 regardless of listing status. The objective of this study is to build on previous studies on the Bangladeshi capital market and model all the important factors affecting capital structure decisions of NBFIs in Bangladesh. It is found that factors such as debt service coverage, liquidity ratio, growth rate, operating leverage, firm size and age of the firm have significant influences on the leverage structure chosen by NBFIs in the Bangladesh context. Published 2016-09-26T05:51:56Z 2016-09-26T05:51:56Z 2012-01 Article Siddiqui, S. S. (2012). Capital structure determinants of Non-Bank Financial Institutions (NBFIs) in Bangladesh. World Review of Business Research, 2(1), 60–78. Retrieved from http://www.wrbrpapers.com/static/documents/January/2012/5.%20Sayla.pdf 1838-3955 (Print) 1839-1176 (Online) http://hdl.handle.net/10361/6459 en http://www.wrbrpapers.com/static/documents/January/2012/5.%20Sayla.pdf © 2012 World Review of Business Research |
institution |
Brac University |
collection |
Institutional Repository |
language |
English |
topic |
Corporate finance |
spellingShingle |
Corporate finance Siddiqui, Sayla Sowat Capital structure determinants of Non-Bank Financial Institutions (NBFIs) in Bangladesh |
description |
This article was published in World Review of Business Research [© 2012 World Review of Business Research] and the definite version is available at: http://www.wrbrpapers.com/static/documents/January/2012/5.%20Sayla.pdf The article website is at: http://www.wrbrpapers.com/previous_issue/January/2012 |
format |
Article |
author |
Siddiqui, Sayla Sowat |
author_facet |
Siddiqui, Sayla Sowat |
author_sort |
Siddiqui, Sayla Sowat |
title |
Capital structure determinants of Non-Bank Financial Institutions (NBFIs) in Bangladesh |
title_short |
Capital structure determinants of Non-Bank Financial Institutions (NBFIs) in Bangladesh |
title_full |
Capital structure determinants of Non-Bank Financial Institutions (NBFIs) in Bangladesh |
title_fullStr |
Capital structure determinants of Non-Bank Financial Institutions (NBFIs) in Bangladesh |
title_full_unstemmed |
Capital structure determinants of Non-Bank Financial Institutions (NBFIs) in Bangladesh |
title_sort |
capital structure determinants of non-bank financial institutions (nbfis) in bangladesh |
publisher |
© 2012 World Review of Business Research |
publishDate |
2016 |
url |
http://hdl.handle.net/10361/6459 |
work_keys_str_mv |
AT siddiquisaylasowat capitalstructuredeterminantsofnonbankfinancialinstitutionsnbfisinbangladesh |
_version_ |
1814307528859713536 |