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: | 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 |
Similar Items
-
Capital structure adjustment in Latin American firms: An empirical test based on the Error Correction Model
by: Jorge A. Muñoz Mendoza, et al.
Published: (2023-03-01) -
TEST OF SPEED OF ADJUSTMENT TOWARDS THE CAPITAL STRUCTURE IN INDONESIA TELECOMMUNICATION INDUSTRY
by: Riko Hendrawan, et al.
Published: (2017-03-01) -
The determinants of corporate cash holdings levels: evidence from selected South African retail firms
by: Trust Chireka, et al.
Published: (2017-06-01) -
Capital structure management differences in Latin American and US firms after 2008 crisis
by: Santiago Valcacer Rodrigues, et al.
Published: (2017-06-01) -
The global financial crisis and the speed of capital structure adjustment: Evidence from South Africa
by: Vusani Moyo, et al.
Published: (2022-08-01)