Skip to main content

THE RELATIONSHIP BETWEEN CAPITAL STRUCTURE THEORIES  AND CAPITAL STRUCTURE DECISIONS OF FIRMS LISTED ON  UGANDA SECURITIES EXCHANGE

YOU CAN CALL US BACK FOR THE COMPLETE THESIS.

WE CAN ALSO HELP YOU WITH CORRECTIONS FROM YOUR SUPERVISOR.

PLEASE CALL 08068231953, 08168759420

 

 

   PHD THESIS TOPIC:

THE RELATIONSHIP BETWEEN CAPITAL STRUCTURE THEORIES  AND CAPITAL STRUCTURE DECISIONS OF FIRMS LISTED ON  UGANDA SECURITIES EXCHANGE

 

 

ABSTRACT

 

The Study investigated the relationship between capital structure and capital structure decisions of 14 firms listed on Uganda Securities Exchange as of December 2010. It aimed at examining how firms existing capital structure relates to the decisions to issue or to issue, Equity or Debt. The study provided an overview of three sets of capital structure theories that tend to explain the link between capital structure and the financing decisions of firms. 

 

Cross sectional survey design was employed, and Graham (2001) survey model was used to assess the capital structure decisions of listed firms. Analysis of both Primary and secondary data was conducted using SPSS to arrive at conclusions. Results revealed that existing capital structure of companies listed on USE is significantly related to the capital structure decisions they take. The nature of the relationship further revealed firms' prioritized use of retained earnings and equity when debt cannot be accessed. Use of debt or equity affects a firm's ability to time the equity market, and firms rebalance their capital structure incase of any deviation from their target debt level. This showed that firms practically consider some of the issues sighted in the capital structure theories when coming up with their financing decisions. 

 

It was further noted that the capital structure of the companies is related to the cost of capital, which in the end affects capital structure decision to be taken by the firm given the objective of maximizing firm's value. Results of the study could be useful in opening a platform to especially corporate managers, for aligning financing decisions and capital structure to other structural characteristics aimed at enhancing performance of company, in order to attain wealth maximization objective. 

 

 

 

 


Labels:

Comments

Post a Comment

Popular posts from this blog

AN APPRAISAL OF THE LOAN EVALUATION CRITERIA AND CONTROL TECHNIQUE IN ZENITH BANK

ATTENTION: BEFORE YOU READ THE PROJECT WORK, PLEASE READ THE INFORMATION BELOW. THANK YOU! TO GET THE FULL PROJECT FOR THE TOPIC BELOW PLEASE CALL: 08168759420, 08068231953 TO GET MORE PROJECT TOPICS IN YOUR DEPARTMENT, PLEASE VISIT: www.easyprojectmaterials.com www.easyprojectsolutions.com www.worldofnolimit.com AN APPRAISAL OF THE LOAN EVALUATION CRITERIA AND CONTROL TECHNIQUE IN ZENITH BANK ABSTRACT The role of banks as financial intermediary is crucial to the growth of any society. Primarily, bank supply, such financial services as provision of savings and time deposits, call deposits, working capital and terms l oans, tender and performance bonds documentary collections, fund transfer, foreign exchange transaction, equipment leasing and business advisory services. To the individual and corporate business community, bank loans are a prime source of fun
1 comment
Read more

ROLE OF RURAL WOMEN FARMERS ON THE ECONOMIC DEVELOPMENT OF EDO STATE

ATTENTION: BEFORE YOU READ THE PROJECT WORK, PLEASE READ THE INFORMATION BELOW. THANK YOU! TO GET THE FULL PROJECT FOR THE TOPIC BELOW PLEASE CALL: 08168759420, 08068231953 TO GET MORE PROJECT TOPICS IN YOUR DEPARTMENT, PLEASE VISIT: www.easyprojectmaterials.com www.easyprojectsolutions.com www.worldofnolimit.com ROLE OF RURAL WOMEN FARMERS ON THE ECONOMIC DEVELOPMENT OF EDO STATE ABSTRACT The role of rural women farmers in the economic development of Egor Local Government Area in Edo State cannot be over emphasized. There is basicall y no aspect of economic development in Edo State that one cannot find women. A review of feminist literature, indicate that there is now a demand for re-orientation of research and change in methodological procedures used for complication of national statistics so as to reflect accurately the position of women and their la
2 comments
Read more

OWNERSHIP STRUCTURES, CORPORATE GOVERNANCE AND PERFORMANCE OF small MFIs in Nigeria(MSC)

YOU CAN CALL US BACK FOR THE COMPLETE THESIS. WE CAN ALSO HELP YOU WITH CORRECTIONS FROM YOUR SUPERVISOR. PLEASE CALL 08068231953, 08168759420        MSC THESIS TOPIC: OWNERSHIP STRUCTURES, CORPORATE GOVERNANCE AND PERFORMANCE OF small MFIs in Nigeria(MSC)   Abstract The purpose of the study was to examine the relationship between ownership structures, corporate governance and the performance of small MFIs in Nigeria. Interest in this study was as a result of poor performance of these MFIs as indicated in the AMFIU Annual report of 2006. The study therefore sought to determine if this could be attributed to their ownership structures and therefore governance levels.   A cross sectional survey design was used to undertake this study using a sample of 65 MFIs from which responses from 44 MFIs were received; giving a response rate of 67.7%.    Findings of the study reveal that ownership structures and corporate governance are significant predictors of MFI performance accounting for 42.4%
Post a Comment
Read more