Andere Kunden interessierten sich auch für
![Does Speculation Drive Commodity Prices? Evidence from the Market for Corn]( "Does Speculation Drive Commodity Prices? Evidence from the Market for Corn")
Does Speculation Drive Commodity Prices? Evidence from the Market for Corn18,95 €![Empirical investigation of internal and external shocks on exchange rate volatility in Nigeria]( "Empirical investigation of internal and external shocks on exchange rate volatility in Nigeria")
Empirical investigation of internal and external shocks on exchange rate volatility in Nigeria47,95 €![Do Macroeconomic Variables have an Effect on the US Stock Market?]( "Do Macroeconomic Variables have an Effect on the US Stock Market?")
Do Macroeconomic Variables have an Effect on the US Stock Market?18,95 €![Ownership Structure as a Determinant of Capital Structure - An Empirical Study of DAX Companies]( "Ownership Structure as a Determinant of Capital Structure - An Empirical Study of DAX Companies")
Ownership Structure as a Determinant of Capital Structure - An Empirical Study of DAX Companies47,95 €![China¿s Outward Foreign Direct Investment Impact on Economic Growth in Developing Countries: Empirical Evidence from Ghana]( "China¿s Outward Foreign Direct Investment Impact on Economic Growth in Developing Countries: Empirical Evidence from Ghana")
China¿s Outward Foreign Direct Investment Impact on Economic Growth in Developing Countries: Empirical Evidence from Ghana18,95 €![Employee turnover intention. Empirical evidence from the Savings and Loans Companies in Ghana]( "Employee turnover intention. Empirical evidence from the Savings and Loans Companies in Ghana")
Employee turnover intention. Empirical evidence from the Savings and Loans Companies in Ghana52,95 €![China as an Optimum Currency Area - Something to learn for the European Monetary Union?]( "China as an Optimum Currency Area - Something to learn for the European Monetary Union?")
China as an Optimum Currency Area - Something to learn for the European Monetary Union?27,95 €
Thesis (M.A.) from the year 2009 in the subject Business economics - Economic Policy, grade: M.B.A, University of Dhaka, course: Master of Finance, language: English, abstract: Capital structure is one of the most converse and vital issues both in finance literature and practical research. This research deals with the theoretical and empirical aspects of capital structure decision. It is observed that the determination of debt ratio is subtle and sophisticated to determine, and its estimation is still a matter of debate, and yet there is no entirely satisfactory theoretical model for forecasting the optimal debt ratio in the firm's capital structure. There is little consensus on how firms choose their capital structure and how the firm-specific factors influence the shape of the capital structure. This research develops a link between theory and practice of capital structure. This study has supported a set of sample firms to show the impact of six factors determinants on the financial leverage and how they comply with the findings derived by different previous theories regarding these factors. Least Square method has been used to assess the influence of defined explanatory variables on the capital structure by using the dataset of Bangladeshi manufacturing firms for the period 2000 to 2004. Out of Six examined explanatory variables-agency-equity, agency debt, Bankruptcy, profitability are statistically significant determinants of financial leverage. Otherwise, growth rate and operating leverage are found to be insignificant. Agency-equity, agency debt, bankruptcy operating leverage, profitability, growth rate, all these are showing a negative relation with the dependent variable. Also, this paper suggests that the institutional context and macroeconomic events play an essential role in the capital structure decisions of Bangladeshi companies. It would seem appropriate that further research should focus on the role played by the institutional framework, such as the impact of taxation, the practice of good corporate governance, legal and regulatory structure.
Hinweis: Dieser Artikel kann nur an eine deutsche Lieferadresse ausgeliefert werden.
Hinweis: Dieser Artikel kann nur an eine deutsche Lieferadresse ausgeliefert werden.