Debt exposure impacts top Malaysian companies' success and growth strategies.
The article examines the capital structure of the top 10 companies with good debt exposure in Malaysia. The researchers analyzed data from 2007 to 2017 and found that company size, asset tangibility, profitability, growth, and taxation all play a role in determining the companies' debt ratios. Previous studies have shown that company size is linked to leverage, tangible assets positively affect debt levels, profitability is negatively related to financial leverage, growth is associated with short-term debt, and taxation has a positive impact on leverage.