dc.contributor.author | Odinga, George, O | |
dc.date.accessioned | 2017-10-09T13:36:37Z | |
dc.date.available | 2017-10-09T13:36:37Z | |
dc.date.issued | 2003 | |
dc.identifier.uri | http://hdl.handle.net/11295/101075 | |
dc.description.abstract | This paper studies the determinants of capital structure of companies listed at Nairobi stock exchange (NSE). The main objective is to investigate the relationship between capital structures and hypothesized influential variables such as asset tangibility, growth, size, business risk (earning volatility) profitability and non-debt tax shield. Using multiple regressions as the tool of analysis, the result predict that these variables influence leverage at a varying degree with profitability and non-debt tax shield being the most significant variables in determining leverage. | |
dc.description.abstract | This paper studies the determinants of capital structure of companies listed at Nairobi stock exchange (NSE). The main objective is to investigate the relationship between capital structures and hypothesized influential variables such as asset tangibility, growth, size, business risk (earning volatility) profitability and non-debt tax shield. Using multiple regressions as the tool of analysis, the result predict that these variables influence leverage at a varying degree with profitability and non-debt tax shield being the most significant variables in determining leverage. | |
dc.language.iso | en | en_US |
dc.publisher | University of Nairobi | en_US |
dc.rights | Attribution-NonCommercial-NoDerivs 3.0 United States | * |
dc.rights.uri | http://creativecommons.org/licenses/by-nc-nd/3.0/us/ | * |
dc.subject | Determinants of capital structure of companies listed at Nairobi stock exchange (NSE). | en_US |
dc.title | Determinants of capital structure of companies listed at Nairobi stock exchange (NSE). | en_US |
dc.type | Thesis | en_US |