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The relationship between capital structure and agency costs of firms listed at the Nairobi Securities Exchange
(University of Nairobi, 2014)
Under agency theory, organizations incur agency costs as a means to reduce agency
conflicts between shareholders (principal) and the managers (agents). The divergent views
by different researchers especially from outside ...
The relationship between capital structure and profitability of listed non financial firms in Kenya
(University of Nairobi, 2014)
Capital structure decision is the vital one since the profitability of an enterprise is directly
affected by such decision. The determination of a company’s capital structure constitutes
a difficult decision, one that ...