The Development of Debt to Equity Ratio in Capital Structure Model: A Case of Micro Franchising

This paper aims to develop a capital structure model in micro franchising within Malaysia's perspective. This study will emphasize on the factors that contribute to the development of a capital structure model focusing on debt to equity ratio. The regression model is used to analyse the debt in micro franchising. The independent variables in this research are growth, tangibility, profitability, firm size, liquidity and age, while the dependent variable is debt to equity ratio.