Effects of internal and environmental factors on firm's financial behavior: a comparative study of developed, emerging and developing economies

• Main Authors: Bilal, Ahmad Raza, Ramakrishnan, Suresh, Naveed, Muhammad, Abu Talib, Noraini, Ahmad Anuar, Melati, Ali Khan, Mohd. Noor Azli
• Format: Article
• Published: IDOSI Publications 2014
• Subjects: HD Industries. Land use. Labor
• Online Access: http://eprints.utm.my/id/eprint/52603/; http://dx.doi.org/10.5829/idosi.wasj.2014.30.10.14168
• Institution: Universiti Teknologi Malaysia

In the presence of economic frictions, firms regulate their financial decisions infrequently; resultantly, most of the firms’ leverage is likely to differ from the optimum-level at the time of its readjustment. In such economic disturbance, internal and environmental factors are playing significant...