The Determinants of Capital Structure in a Tax Free Environment: An Extreme Bounds Analysis

Extreme bounds analysis is used to identify the determinants of capital structure in a tax-free environment, using data from Oman. The results show some evidence for the importance of liquidity, tangibility, growth opportunities and stock price performance. The findings are more supportive of the pe...

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Main Author: Moosa, Imad (author)
Other Authors: Sbeiti, Wafaa (author)
Published: 2012
Online Access:https://dspace.auk.edu.kw/handle/11675/7624
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author Moosa, Imad
author2 Sbeiti, Wafaa
author2_role author
author_facet Moosa, Imad
Sbeiti, Wafaa
author_role author
dc.creator.none.fl_str_mv Moosa, Imad
Sbeiti, Wafaa
dc.date.none.fl_str_mv 2012
2021-11-04T11:28:04Z
2021-11-04T11:28:04Z
dc.identifier.none.fl_str_mv https://dspace.auk.edu.kw/handle/11675/7624
dc.relation.none.fl_str_mv International Research Journal of Applied Finance
dc.title.none.fl_str_mv The Determinants of Capital Structure in a Tax Free Environment: An Extreme Bounds Analysis
dc.type.none.fl_str_mv Journal Article
Peer-Reviewed
info:eu-repo/semantics/publishedVersion
description Extreme bounds analysis is used to identify the determinants of capital structure in a tax-free environment, using data from Oman. The results show some evidence for the importance of liquidity, tangibility, growth opportunities and stock price performance. The findings are more supportive of the pecking order theory than the trade-off theory, but in general they imply that the capital structure decision does matter, even in the absence of taxes.
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network_acronym_str AUKR
network_name_str AU Kuwait Rep
oai_identifier_str oai:dspace.auk.edu.kw:11675/7624
publishDate 2012
repository.mail.fl_str_mv
repository.name.fl_str_mv
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spelling The Determinants of Capital Structure in a Tax Free Environment: An Extreme Bounds AnalysisMoosa, ImadSbeiti, WafaaExtreme bounds analysis is used to identify the determinants of capital structure in a tax-free environment, using data from Oman. The results show some evidence for the importance of liquidity, tangibility, growth opportunities and stock price performance. The findings are more supportive of the pecking order theory than the trade-off theory, but in general they imply that the capital structure decision does matter, even in the absence of taxes.2021-11-04T11:28:04Z2021-11-04T11:28:04Z2012Journal ArticlePeer-Reviewedinfo:eu-repo/semantics/publishedVersionhttps://dspace.auk.edu.kw/handle/11675/7624International Research Journal of Applied Financeoai:dspace.auk.edu.kw:11675/76242023-08-13T06:20:01Z
spellingShingle The Determinants of Capital Structure in a Tax Free Environment: An Extreme Bounds Analysis
Moosa, Imad
status_str publishedVersion
title The Determinants of Capital Structure in a Tax Free Environment: An Extreme Bounds Analysis
title_full The Determinants of Capital Structure in a Tax Free Environment: An Extreme Bounds Analysis
title_fullStr The Determinants of Capital Structure in a Tax Free Environment: An Extreme Bounds Analysis
title_full_unstemmed The Determinants of Capital Structure in a Tax Free Environment: An Extreme Bounds Analysis
title_short The Determinants of Capital Structure in a Tax Free Environment: An Extreme Bounds Analysis
title_sort The Determinants of Capital Structure in a Tax Free Environment: An Extreme Bounds Analysis
url https://dspace.auk.edu.kw/handle/11675/7624