Download or read book Determinants of the Capital Structure of Ghanaian Firms written by Joshua Abor and published by . This book was released on 2008 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Financialisation and Poverty Alleviation in Ghana written by Francis Boateng Frimpong and published by BRILL. This book was released on 2021-11-22 with total page 285 pages. Available in PDF, EPUB and Kindle. Book excerpt: Francis Frimpong argues that the exponential growth of finance and credit infrastructures in Ghana did not alleviate poverty in the country. It has, however, resulted in rising financial profits, financialising poverty and stagnating the real sector of the economy
Download or read book Empirical Note on Debt Structure and Financial Performance in Ghana written by John Gartchie Gatsi and published by Xlibris Corporation. This book was released on 2016-01-15 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book deals extensively with theoretical, empirical, and robust methodology of capital structure in the context of debt structure in the Ghanaian financial sector. The study investigated the relationship between debt structure and financial performance of financial institutions in Ghana over the period 20022011. Using panel data methodology, it was discovered that there is a significant difference in the capital structure practices of insurance companies and banks. Short-term debts and total debt are negatively significant in determining returns on equity (ROE) and returns on asset (ROA) in the financial institutions of Ghana.
Download or read book Capital Structure and Profitability of Selected Listed Non Financial Firms in Ghana written by Anthony Turkson and published by . This book was released on 2013 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: The study investigated the relationship between capital structure and profitability of listed non-financial firms in Ghana, covering a seven-year period (2002-2008). Capital structure theories provided theoretical basis for the work. The study adopted the panel data methodology to examine the effects of capital structure on the profitability of twenty selected non-financial firms. The general least square technique was used as the estimation technique for the study. Financial statements of the selected firms were also used to extract data for the study. Ratios such as return on assets, return on equity and net profit margin were used as indicators for determining the profitability of the firm. Short-term debt, long-term debt and total debt ratios were also used as indicators for leverage of the firms. The study revealed that 54.99% of the total capital of the firms is made up of debts. Of this 47.65% constitute short-term debts while 7.33% is made up of long-term debts. This indicates that the non-financial firms are highly leveraged firms and also shows the importance of short-term debts over long-term debts in financing non-financial firms. The correlation and regression results showed a significantly negative association between leverage and profitability. This implies that, during the period under study, leverage did not bring about profitability. There should therefore be reforms in the financial markets to reduce cost of short-term debts or encourage internal financing. The firms should also focus on growth so as to benefit from leverage. Reforms in the banking sector to provide more long-term debt to non-financial firms is as well necessary to affect profitability.
Download or read book Capital Structure Decisions of Firms written by Teramaje Walle Mekonnem and published by . This book was released on 2017 with total page 440 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Stock Market and the Financing of Corporate Growth in Africa written by Charles Amo Yartey and published by International Monetary Fund. This book was released on 2006-09-01 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the corporate financing pattern in Ghana. In particular, it investigates whether Singh's theoretically anomalous findings that developing country firms make considerably more use of external finance and new equity issues than developed country firms to finance asset growth hold in the case of Ghana. Replicating Singh's methodology, our results show that compared with corporations in advanced countries, the average listed Ghanaian firm finances its growth of total assets mainly from short-term debt. The stock market, however, is the most important source of long-term finance for listed Ghanaian firms. Overall, the evidence in this paper suggests that the stock market is a surprisingly important source of finance for funding corporate growth and that stock market development in Ghana has been important.
Download or read book Determinants of Capital Structure written by Athenia Bongani Sibindi and published by . This book was released on 2017 with total page 480 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Degree of Leverage written by Samuel Gameli Gadzo and published by Xlibris Corporation. This book was released on 2018-11-29 with total page 133 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book establishes the relationship between leverage and financial performance of insurance companies. This book focuses on establishing empirical evidence about the nature of leverage insurance companies assume, and it indicates significant differences between the financial-performance indicators of insurance companies with age limit. Again, empirical evidence revealed that leverage negatively affects financial performance of insurance companies in Ghana. This book offers policy guideline on the level of leverage start-up and established firms with age category as the benchmark. The book has also provided recommendation on how to resolve issues of leverage related to the insurance sector.
Download or read book Determinants of Capital Structure Choices by Listed Firms in Zimbabwe Under Hyperinflation and Dollarization written by Strike Mbulawa and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Small Enterprises and Changing Policies written by A. H. J. Helmsing and published by Intermediate Technology. This book was released on 1993 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discusses the idea and practice of small enterprise development in Africa in a changing policy environment. Covers topics such as the impact of adjustment on small enterprise; financial policy reforms and assistance and how to sustain government and NGO assistance.
Download or read book Business Environment and Firm Entry written by Leora Klapper and published by World Bank Publications. This book was released on 2004 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Using a comprehensive database of firms in Western and Eastern Europe, we study how the business environment in a country drives the creation of new firms. Our focus is on regulations governing entry. We find entry regulations hamper entry, especially in industries that naturally should have high entry. Also, value added per employee in naturally "high entry" industries grows more slowly in countries with onerous regulations on entry. Interestingly, regulatory entry barriers have no adverse effect on entry in corrupt countries, only in less corrupt ones. Taken together, the evidence suggests bureaucratic entry regulations are neither benign nor welfare improving. However, not all regulations inhibit entry. In particular, regulations that enhance the enforcement of intellectual property rights or those that lead to a better developed financial sector do lead to greater entry in industries that do more R & D or industries that need more external finance"--National Bureau of Economic Research web site.
Download or read book Capital Structure Determinants Between Domestic owned Firms and Foreign owned Firms Across Manufacturing Listed Firms in Indonesia written by Andhika Mandala Utama and published by . This book was released on 2015 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Determinants of Capital Structure of Listed Firms in the South African Manufacturing Industry written by Khomotso Mabotja and published by . This book was released on 2019 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Determinants of Capital Structure in Ethiopian Small Scale Manufacturing Industry Firms written by Dereje Yohannis and published by GRIN Verlag. This book was released on 2019-12-18 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master's Thesis from the year 2019 in the subject Business economics - Investment and Finance, grade: 3.28, , language: English, abstract: The purpose of the study is investigating the determinants of capital structure for Small Scale Manufacturing Firms (SSMFs) in Ethiopia. Hypotheses utilizing trade-off, pecking order and agency theories are empirically examined using a series of firm characteristics: size, tangibility, profitability, earning volatility, age and macroeconomic variable (GDP growth rate, inflation rate and interest rate). A structured record review was made to collect a panel data, which include 20 SSMFs year observations of 11 years over the period 1998 – 2008 E.C. The findings suggest that profitability, earning volatility, age, growth, GDP, inflation rate and interest rate variables are the most important determinants of capital structure of SSMFs in Ethiopia. The findings also reveal that the dominant capital structure theories (trade-off, pecking order, and agency theories) appear indeed to be valid for Ethiopian SSMFs’ capital structure; in fact, trade-off theory best explains Ethiopian SSMFs’ capital structure. All firm specific variables except Size, tangibility and growth variables seem to have an effect on the level of leverage in Ethiopian SSMFs.
Download or read book What Do We Know about Capital Structure of Privatized Firms A Study of Evolution and Determinants of Capital Structure of Privatized Firms written by Candra Susanto Chahyadi and published by ProQuest. This book was released on 2000 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Determinants of South African Companies Capital Structure Choice written by Howard Kantor and published by . This book was released on 1995 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Testing Static Trade off Against Pecking Order Models of Capital Structure written by Lakshmi Shyam-Sunder and published by . This book was released on 2023-07-18 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
