Dynamic capital structure determinants: Some evidence from South African firms
This study uses a sample of 49 manufacturing, 24 mining and 23 retail firms listed on the Johannesburg Stock Exchange during the period 2005-2010 to investigate the relationship between leverage and the firm’s key financial performance variables. Leverage is directly proportional to cash flow. This...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
AOSIS
2013-10-01
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Series: | Journal of Economic and Financial Sciences |
Subjects: | |
Online Access: | https://jefjournal.org.za/index.php/jef/article/view/253 |