Capital Structure is one of the most important and talked about issues in the field of finance. The fundamental components of capital structure are debt and equity of a company. Though different researchers provide different comment on the theory of capital structure, majority of theories and findings seem to contradict with each other in terms of developed and developing economy. Practitioners as well as researchers all over the world have identified that capital structure has impact on the firm performance and debt maturity. Research in capital structure is not adequate and require intense empirical work in Bangladesh. With that idea, objective of this study is to investigate the significance of determining factors of capital structure on debt maturity of the textile industry of Bangladesh. This article provided an analysis of various determining factors of capital structure and their significance on debt maturity. For this purpose, data of 19 DSE stock listed company for the time period of (2010 – 2015) 6 years were collected. Pooled data methodology has been used to find out the regression based on data collection. Findings of this data showed that age has significant relationship in case of all ratios considered under debt maturity. Growth opportunity was found as insignificant on the debt maturity. Profitability was found to have a significant relationship with total debt ratio (RTD) on the other hand converse relationship with Short term debt (RSD) and Long term debt ratio (RLD).
| Published in | Journal of Business and Economic Development (Volume 2, Issue 1) |
| DOI | 10.11648/j.jbed.20170201.14 |
| Page(s) | 31-37 |
| Creative Commons |
This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited. |
| Copyright |
Copyright © The Author(s), 2017. Published by Science Publishing Group |
Capital Structure, Leverage, Tangibility, Profitability, Ready-Made Garments, Textile
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APA Style
G. M. Wali Ullah, Mohammad Minhaz Uddin, Mohammad Abdullah, Md. Nazmul Islam. (2017). Determinants of Capital Structure and Its Impact on the Debt Maturity of the Textile Industry of Bangladesh. Journal of Business and Economic Development, 2(1), 31-37. https://doi.org/10.11648/j.jbed.20170201.14
ACS Style
G. M. Wali Ullah; Mohammad Minhaz Uddin; Mohammad Abdullah; Md. Nazmul Islam. Determinants of Capital Structure and Its Impact on the Debt Maturity of the Textile Industry of Bangladesh. J. Bus. Econ. Dev. 2017, 2(1), 31-37. doi: 10.11648/j.jbed.20170201.14
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Download@article{10.11648/j.jbed.20170201.14,
author = {G. M. Wali Ullah and Mohammad Minhaz Uddin and Mohammad Abdullah and Md. Nazmul Islam},
title = {Determinants of Capital Structure and Its Impact on the Debt Maturity of the Textile Industry of Bangladesh},
journal = {Journal of Business and Economic Development},
volume = {2},
number = {1},
pages = {31-37},
doi = {10.11648/j.jbed.20170201.14},
url = {https://doi.org/10.11648/j.jbed.20170201.14},
eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jbed.20170201.14},
abstract = {Capital Structure is one of the most important and talked about issues in the field of finance. The fundamental components of capital structure are debt and equity of a company. Though different researchers provide different comment on the theory of capital structure, majority of theories and findings seem to contradict with each other in terms of developed and developing economy. Practitioners as well as researchers all over the world have identified that capital structure has impact on the firm performance and debt maturity. Research in capital structure is not adequate and require intense empirical work in Bangladesh. With that idea, objective of this study is to investigate the significance of determining factors of capital structure on debt maturity of the textile industry of Bangladesh. This article provided an analysis of various determining factors of capital structure and their significance on debt maturity. For this purpose, data of 19 DSE stock listed company for the time period of (2010 – 2015) 6 years were collected. Pooled data methodology has been used to find out the regression based on data collection. Findings of this data showed that age has significant relationship in case of all ratios considered under debt maturity. Growth opportunity was found as insignificant on the debt maturity. Profitability was found to have a significant relationship with total debt ratio (RTD) on the other hand converse relationship with Short term debt (RSD) and Long term debt ratio (RLD).},
year = {2017}
}
TY - JOUR T1 - Determinants of Capital Structure and Its Impact on the Debt Maturity of the Textile Industry of Bangladesh AU - G. M. Wali Ullah AU - Mohammad Minhaz Uddin AU - Mohammad Abdullah AU - Md. Nazmul Islam Y1 - 2017/01/03 PY - 2017 N1 - https://doi.org/10.11648/j.jbed.20170201.14 DO - 10.11648/j.jbed.20170201.14 T2 - Journal of Business and Economic Development JF - Journal of Business and Economic Development JO - Journal of Business and Economic Development SP - 31 EP - 37 PB - Science Publishing Group SN - 2637-3874 UR - https://doi.org/10.11648/j.jbed.20170201.14 AB - Capital Structure is one of the most important and talked about issues in the field of finance. The fundamental components of capital structure are debt and equity of a company. Though different researchers provide different comment on the theory of capital structure, majority of theories and findings seem to contradict with each other in terms of developed and developing economy. Practitioners as well as researchers all over the world have identified that capital structure has impact on the firm performance and debt maturity. Research in capital structure is not adequate and require intense empirical work in Bangladesh. With that idea, objective of this study is to investigate the significance of determining factors of capital structure on debt maturity of the textile industry of Bangladesh. This article provided an analysis of various determining factors of capital structure and their significance on debt maturity. For this purpose, data of 19 DSE stock listed company for the time period of (2010 – 2015) 6 years were collected. Pooled data methodology has been used to find out the regression based on data collection. Findings of this data showed that age has significant relationship in case of all ratios considered under debt maturity. Growth opportunity was found as insignificant on the debt maturity. Profitability was found to have a significant relationship with total debt ratio (RTD) on the other hand converse relationship with Short term debt (RSD) and Long term debt ratio (RLD). VL - 2 IS - 1 ER -
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