dc.contributor.author | Odhiambo, Calvins; B | |
dc.date.accessioned | 2022-05-12T12:55:20Z | |
dc.date.available | 2022-05-12T12:55:20Z | |
dc.date.issued | 2021 | |
dc.identifier.uri | http://erepository.uonbi.ac.ke/handle/11295/160602 | |
dc.description.abstract | Capital structure is imperative in defining the soundness of an establishment's balance sheet
and should be evaluated before making an investment decision. The study aimed to see how
capital structure affects the financial efficiency of commercial and service firms listed on
the Nairobi Securities Exchange for a five-year period from 2015 to 2019. Since the study
encompassed all 11 commercial and services firms listed in NSE with limited target
population, census was used rather than sampling. The study employed a descriptive
research approach. To calculate the ROA on the variables, secondary data was taken from
financial and annual statements of commercial and service enterprises. SPSS Statistics
version 28.0 was used to evaluate the information acquired from various sources. The goal
of the study was to see how capitalization affected the performance of Kenyan commercial
and service companies listed on the Nairobi Securities Exchange. Commercial and service
organizations had a ROA of -.534 from the results when all other parameters were held
constant. According to the findings, capital structure had a substantial impact on the
financial performance of Kenyan commercial and service firms. The study concluded that
capital structure affects financial performance of firms and study recommended that firms
should use debt optimally to finance their capital in a bid to improve their financial
performance whose goal is to reduce their cost of capital while increasing their profits | en_US |
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 | Effect of Capital Structure on Financial Performance of Commercial and Services Firms Listed on Nairobi Securities Exchange | en_US |
dc.title | Effect of Capital Structure on Financial Performance of Commercial and Services Firms Listed on Nairobi Securities Exchange | en_US |
dc.type | Thesis | en_US |