| dc.description.abstract | The research objective was to establish the effect of capital structure on the value of firms listed at the NSE. This study used a descriptive survey design. Companies listed at the NSE formed the population of this study and were considered a representative sample of other firms in Kenya. To achieve the objective the researcher sampled 18 firms listed under the Nairobi securities exchange that exhibited the characteristics for the study using the Stratified random sampling technique. Secondary data was used in this study. Secondary data on firms listed on the NSE was collected for the financial periods of 2009, 2010, 2011, 2012 and 2013. Data was analyzed using ratio analysis, multiple regression analysis and correlation analysis. Analyzed data was presented using bar graphs, charts and tables. A confidence interval of 95% was used by the researcher as the level of significance to the hypotheses of the study. | en_US |
