The effect of institutional ownership on capital structure of listed firms in Singapore

• Main Authors: De Jong, Ethan Felix, Tan, Tze Liang, Tan, Benjamin Wei Jie
• Other Authors: Wu Guiying Laura
• Format: Final Year Project
• Language: English
• Published: Nanyang Technological University 2020
• Subjects: Social sciences::Economic theory
• Online Access: https://hdl.handle.net/10356/138502
• Institution: Nanyang Technological University

Our paper is a contribution to the current understanding of trade-off theory, which states the firms’ optimal choice of capital structure is one that balances the benefit of the tax shield generated by debt and the cost of financial distress. We chose to examine how different proportions of institut...