Bøger af Muhammad Abdul Kabeer

The Group of Seven (G7) is an informal grouping of seven of the world¿s advanced economies, The seven members are: 1. Canada 2. France 3. Germany 4. Italy 5. Japan 6. United Kingdom 7. United States These countries are the seven largest economies of the world. Together, they represent more than 62% of the global net wealth. Member countries also represent 46% of the global GDP. The group was founded in the early 1970s as the seven countries discussed concerns about the collapse of the oil industry.

A panel data set of 400 manufacturing firms of Pakistan for the period of 2001 to 2014 was selected to fulfill the objectives of the study. Ordinary Least Square (OLS), fixed effect and random effect estimation methods are used in the study for analysis. The results shows that profitability, cash ratio, and age have negative impact on debt ratio while tangibility, firm size, Tobin¿s q and business risk has positive impact. Managers of the companies should dedicate their time and energies to those variables that have significant direct link between determinants of capital structure and debt ratio with the intention of minimizing the weighted average cost of capital which in turn will maximizes the wealth of shareholders.