Capital Structure Determinants of Publicly Listed Companies in Saudi Arabia

Turki SF Alzomaia

The International Journal of Business and Finance Research, 2014, vol. 8, issue 2, 53-67

Abstract: This paper investigates the capital structure of listed firms in Saudi Arabia, using firm specific data to study the determinants of leverage. The study is based on an analysis of the capital structure of 93 Saudi listed companies. The study extends from 2000 to 2010 and employs cross-sectional pool data methodology. The results suggest there exists a positive relationship between size, growth of the firm and leverage. On the other hand, the results show there are negative relationships between tangibility of assets, profitability, risk and leverage.

Keywords: Capital Structure Determinants; Leverage; Saudi Arabia; Tradeoff Theory; Pecking Order Theory (search for similar items in EconPapers)
JEL-codes: G32 (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://www.theibfr2.com/RePEc/ibf/ijbfre/ijbfr-v8n2-2014/IJBFR-V8N2-2014-5.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ibf:ijbfre:v:8:y:2014:i:2:p:53-67

Access Statistics for this article

The International Journal of Business and Finance Research is currently edited by Terrance Jalbert

More articles in The International Journal of Business and Finance Research from The Institute for Business and Finance Research
Bibliographic data for series maintained by Mercedes Jalbert ( this e-mail address is bad, please contact ).