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The influence of capital structure on construction company profitability : a study of Malaysian Resources Corporation Berhad (MRCB) AND WCT Berhad / Malisa Ajis

With contribution of Modigliani and Miller in 1958, capital structure has attained an important place in finance field. The path breaking contribution has stimulated subsequent researchers to put emphasis on this topic. Therefore, other theories and researches have been revealed and many aspects hav...

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Main Author:	Ajis, Malisa
Format:	Research Reports
Language:	English
Published:	Bachelor Of Business Administration (Hons) Marketing 2013
Subjects:	Construction industry Management Marketing research. Marketing research companies. Sales forecasting Purchasing. Selling. Sales personnel. Sales executives Capital budget. Capital investments. Fixed capital Cash position. Cash management
Online Access:	http://ir.uitm.edu.my/id/eprint/38579/1/38579.pdf http://ir.uitm.edu.my/id/eprint/38579/
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id	my.uitm.ir.38579
record_format	eprints
spelling	my.uitm.ir.385792020-12-04T23:36:30Z http://ir.uitm.edu.my/id/eprint/38579/ The influence of capital structure on construction company profitability : a study of Malaysian Resources Corporation Berhad (MRCB) AND WCT Berhad / Malisa Ajis Ajis, Malisa Construction industry Management Marketing research. Marketing research companies. Sales forecasting Purchasing. Selling. Sales personnel. Sales executives Capital budget. Capital investments. Fixed capital Cash position. Cash management With contribution of Modigliani and Miller in 1958, capital structure has attained an important place in finance field. The path breaking contribution has stimulated subsequent researchers to put emphasis on this topic. Therefore, other theories and researches have been revealed and many aspects have been included to capital structure studies so far. However, it has always been controversial topic and the consensus has not been reached yet. Nevertheless, there are many important theories and hypotheses, which explain and investigate this topic very well such as agency cost theory, trade-off theory, pecking order theory, signalling theory, efficiency-risk hypothesis and franchise-value hypothesis. When reviewed the literature and extended the understanding of these theories and hypotheses, the researcher found that the relationship between capital structure and firm performance is interesting aspect and worthwhile to research. Therefore, the researcher started an extensive literature review and found a research gap, which is the relationship between capital structure and company profitability in the Malaysian Resources Corporation Berhad (MRCB) and WCT Berhad during the period 2007-2012. Accordingly, the study began with discussing the problem background. There also stated the research question, the objectives, and the expected contribution to clarify the scope of research. After that, the researcher will present the existing theories regarding capital structure and provide their interplay with firm performance. After constituted research question and reviewed literature, the kind of data needed will be utilized. Therefore, the researcher started to search the best database provider for this study. As a result, the researcher decided on using the data collected from company financial report. The study sample included 6 year quaterly data of the company. After collect the data, it will be imported it to SPSS and ran regression and descriptive analysis. According to the empirical findings and analysis, the researcher identify that there is a significant relationship between capital structure and company profitability of WCT Berhad while for MRCB was insignificant. With this study, we provide further evidence about the interplay between capital structure and Company profitability and make a contribution both to theory regarding capital structure and Company profitability as well as giving practical insight for CFO’s and CEO’s of the company Bachelor Of Business Administration (Hons) Marketing 2013-06 Research Reports NonPeerReviewed text en http://ir.uitm.edu.my/id/eprint/38579/1/38579.pdf Ajis, Malisa (2013) The influence of capital structure on construction company profitability : a study of Malaysian Resources Corporation Berhad (MRCB) AND WCT Berhad / Malisa Ajis. [Research Reports] (Submitted)
institution	Universiti Teknologi Mara
building	Tun Abdul Razak Library
collection	Institutional Repository
continent	Asia
country	Malaysia
content_provider	Universiti Teknologi Mara
content_source	UiTM Institutional Repository
url_provider	http://ir.uitm.edu.my/
language	English
topic	Construction industry Management Marketing research. Marketing research companies. Sales forecasting Purchasing. Selling. Sales personnel. Sales executives Capital budget. Capital investments. Fixed capital Cash position. Cash management
spellingShingle	Construction industry Management Marketing research. Marketing research companies. Sales forecasting Purchasing. Selling. Sales personnel. Sales executives Capital budget. Capital investments. Fixed capital Cash position. Cash management Ajis, Malisa The influence of capital structure on construction company profitability : a study of Malaysian Resources Corporation Berhad (MRCB) AND WCT Berhad / Malisa Ajis
description	With contribution of Modigliani and Miller in 1958, capital structure has attained an important place in finance field. The path breaking contribution has stimulated subsequent researchers to put emphasis on this topic. Therefore, other theories and researches have been revealed and many aspects have been included to capital structure studies so far. However, it has always been controversial topic and the consensus has not been reached yet. Nevertheless, there are many important theories and hypotheses, which explain and investigate this topic very well such as agency cost theory, trade-off theory, pecking order theory, signalling theory, efficiency-risk hypothesis and franchise-value hypothesis. When reviewed the literature and extended the understanding of these theories and hypotheses, the researcher found that the relationship between capital structure and firm performance is interesting aspect and worthwhile to research. Therefore, the researcher started an extensive literature review and found a research gap, which is the relationship between capital structure and company profitability in the Malaysian Resources Corporation Berhad (MRCB) and WCT Berhad during the period 2007-2012. Accordingly, the study began with discussing the problem background. There also stated the research question, the objectives, and the expected contribution to clarify the scope of research. After that, the researcher will present the existing theories regarding capital structure and provide their interplay with firm performance. After constituted research question and reviewed literature, the kind of data needed will be utilized. Therefore, the researcher started to search the best database provider for this study. As a result, the researcher decided on using the data collected from company financial report. The study sample included 6 year quaterly data of the company. After collect the data, it will be imported it to SPSS and ran regression and descriptive analysis. According to the empirical findings and analysis, the researcher identify that there is a significant relationship between capital structure and company profitability of WCT Berhad while for MRCB was insignificant. With this study, we provide further evidence about the interplay between capital structure and Company profitability and make a contribution both to theory regarding capital structure and Company profitability as well as giving practical insight for CFO’s and CEO’s of the company
format	Research Reports
author	Ajis, Malisa
author_facet	Ajis, Malisa
author_sort	Ajis, Malisa
title	The influence of capital structure on construction company profitability : a study of Malaysian Resources Corporation Berhad (MRCB) AND WCT Berhad / Malisa Ajis
title_short	The influence of capital structure on construction company profitability : a study of Malaysian Resources Corporation Berhad (MRCB) AND WCT Berhad / Malisa Ajis
title_full	The influence of capital structure on construction company profitability : a study of Malaysian Resources Corporation Berhad (MRCB) AND WCT Berhad / Malisa Ajis
title_fullStr	The influence of capital structure on construction company profitability : a study of Malaysian Resources Corporation Berhad (MRCB) AND WCT Berhad / Malisa Ajis
title_full_unstemmed	The influence of capital structure on construction company profitability : a study of Malaysian Resources Corporation Berhad (MRCB) AND WCT Berhad / Malisa Ajis
title_sort	influence of capital structure on construction company profitability : a study of malaysian resources corporation berhad (mrcb) and wct berhad / malisa ajis
publisher	Bachelor Of Business Administration (Hons) Marketing
publishDate	2013
url	http://ir.uitm.edu.my/id/eprint/38579/1/38579.pdf http://ir.uitm.edu.my/id/eprint/38579/
_version_	1685651598722727936
score	13.211869

The influence of capital structure on construction company profitability : a study of Malaysian Resources Corporation Berhad (MRCB) AND WCT Berhad / Malisa Ajis

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