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...

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Bibliographic Details
Main Authors: Vusani Moyo, Hendrik Wolmarans, Leon Brümmer
Format: Article
Language:English
Published: AOSIS 2013-10-01
Series:Journal of Economic and Financial Sciences
Subjects:
Online Access:https://jefjournal.org.za/index.php/jef/article/view/253