Testing Some Determinants of Capital Structure "Evidence from Saudi Arabia" Analytical Study ( 2003-2007)

This study examines the effect of some financial variables on the capital structure of Saudi Arabia corporate companies listed at the Saudi Arabia Financial Market. The Researchers used a mathematical model to investigate the relationship which might exist between the independent variables (Fixed Assets, Size, Risk, Profitability, Liquidity, and Zaka'a) and the dependent variable financial leverage (long term debt divided by total assets).The sample of the study consists of sixty four companies presents thirteen different sector, (320) observations used in a Panel Data. The study concludes first: Three variables (Fixed Asset, Size and Profitability) affect the financial leverage. Second: The paper indicates that the total variables in the model affect the financial leverage