This paper investigates the determinants of capital structure in Malaysian Listed Government Linked Companies (GLCs) using a sample of 13 GLCs from a period of 1997 to 2009. Using multiple regression analysis, the study explores how the debt equity choices of Listed Malaysian Government linked...

Purpose This study aims to examine the impact of sustainable practices as proxied by the environmental, social and governance (ESG) score on capital structure. It also investigates whether ESG performance influences the speed of adjustment (SOA) to target leverage in firms....