Show simple item record

dc.contributor.authorSiddiqui, Sayla Sowat
dc.identifier.citationSiddiqui, S. S. (2012). Capital structure determinants of Non-Bank Financial Institutions (NBFIs) in Bangladesh. World Review of Business Research, 2(1), 60–78. Retrieved from
dc.identifier.issn1838-3955 (Print)
dc.identifier.issn1839-1176 (Online)
dc.descriptionThis article was published in World Review of Business Research [© 2012 World Review of Business Research] and the definite version is available at: The article website is at:
dc.description.abstractThis research examines the relative importance of eight factors in the capital structure decisions of Non-bank Financial Institutions in Bangladesh. Existing empirical research on capital structure has largely been confined to developed countries. The papers related to emerging economies usually group several countries together. The Bangladesh Financial Market has been developing at an exponential rate and dedicated research in this field is required. The study utilizes a larger data set in comparison to the earlier studies on Bangladesh and examines additional factors. We used data of 24 firms for the period of 2006-2008 regardless of listing status. The objective of this study is to build on previous studies on the Bangladeshi capital market and model all the important factors affecting capital structure decisions of NBFIs in Bangladesh. It is found that factors such as debt service coverage, liquidity ratio, growth rate, operating leverage, firm size and age of the firm have significant influences on the leverage structure chosen by NBFIs in the Bangladesh context.en_US
dc.publisher© 2012 World Review of Business Researchen_US
dc.subjectCorporate financeen_US
dc.titleCapital structure determinants of Non-Bank Financial Institutions (NBFIs) in Bangladeshen_US

Files in this item


There are no files associated with this item.

This item appears in the following Collection(s)

Show simple item record