Investigating the determinants of capital structure: Evidence from the Philippine property industry

• Main Authors: Cortez, Lorenzo Ruiz, Dy, Anna Katrina, Fernandez, Joyce Ann, Soliven, Anthony
• Format: text
• Language: English
• Published: Animo Repository 2011
• Subjects: Finance; Debt; Diversification in industry; Finance and Financial Management
• Online Access: https://animorepository.dlsu.edu.ph/etd_bachelors/18517
• Institution: De La Salle University

There are three major theories of capital structure under this study-- static trade-off theory, pecking order theory and agency cost framework. This study regress six common determinants of capital structure plus a diversification measure, seven factors in all, on leverage in order to determine whic...