Capital structure and corporate strategy in South Africa an empirical analysis

Master Thesis

2009

Permanent link to this Item
http://hdl.handle.net/11427/38235
Files
thesis_com_2009_chen haoyu.pdf (1.1 MB)
Authors
Chen, Haoyu
Supervisors
Ayogu, Melvin
Journal Title
Link to Journal
Journal ISSN
Volume Title
Publisher
Publisher
Department
School of Economics
Faculty
Faculty of Commerce
License
Series
Abstract
Using South African data, this study tests three propositions about capital structure and product market strategy. The results support the hypotheses that oligopolists have relatively high debt-equity ratio; their debt tends to be long term; and firms that produce unique and / or durable goods tend to have less debt-equity ratio.
Description
Keywords
Economics

Reference:

Chen, H. 2009. Capital structure and corporate strategy in South Africa an empirical analysis. . ,Faculty of Commerce ,School of Economics. http://hdl.handle.net/11427/38235

Collections
Masters