EFFECT OF MACROECONOMIC FACTORS ON CAPITAL STRUCTURE OF FIRMS IN DEVELOPING AFRICA: A TWO-STEP GMM APPROACH
The study examines the effects of macroeconomic factors and on capital structure of non- financial firms in Africa. Using a recent data for an advanced dynamic model (2step system generalized methods of moment (GMM)) technique for a panel data model of 406 non-financial firm of 8 developing African...
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| Format: | Article |
| Language: | English |
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Department of Accounting and Finance, Federal University Gusau
2020-04-01
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| Series: | Gusau Journal of Accounting and Finance |
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| Online Access: | https://journals.gujaf.com.ng/index.php/gujaf/article/view/16 |