Full Text Available
Note: Clicking the button above will open the full text document at the original institutional repository in a new window.
The relationship between capital structure and the financial performance of the firm
Dissertation (MBA)--University of Pretoria, 2010.
Saved in:
| Other Authors: | |
|---|---|
| Format: | Thesis |
| Published: |
University of Pretoria
2013
|
| Subjects: | |
| Tags: |
No Tags, Be the first to tag this record!
|
| _version_ | 1867613725935009792 |
|---|---|
| access_status_str | Open Access |
| author2 | Fisher, Greg |
| author_browse | Fisher, Greg |
| author_facet | Fisher, Greg |
| collection | Thesis |
| dc_rights_str_mv | © 2006 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria |
| description | Dissertation (MBA)--University of Pretoria, 2010. |
| format | Thesis |
| id | oai:repository.up.ac.za:2263/23626 |
| institution | University of Pretoria (South Africa) |
| last_indexed | 2026-06-10T12:40:43.223Z |
| license_str | Other — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository |
| publishDate | 2013 |
| publishDateRange | 2013 |
| publishDateSort | 2013 |
| publisher | University of Pretoria |
| publisherStr | University of Pretoria |
| record_format | dspace |
| source_str | UPSpace — University of Pretoria Institutional Repository |
| spelling | oai:repository.up.ac.za:2263/23626 The relationship between capital structure and the financial performance of the firm Fisher, Greg upetd@up.ac.za Gangeni, Cunning UCTD Financial performance Capital structure Dissertation (MBA)--University of Pretoria, 2010. Corporate finance literature suggests that the capital structure decision has played a pivotal role over the years in driving the establishment and growth of firms. There is also a body of evidence that financial markets take a keen interest in firm performance, especially for those listed on the stock exchange. There is no empirical evidence that there is a causal relationship between capital structure and the firm’s performance despite the importance of the two concepts in corporate finance.This study uses the debt/equity ratio as a proxy for capital structure and a selected few financial ratios to represent attributes of firm performance (e.g. profitability and shareholder value) in investigating the relationship between the two in the South African context.The results based on stock exchange data as input are inconclusive but they lay a foundation for potential future research. Interesting insights are drawn from using some limitations identified in the literature to try and explain why the results are the way that they are. Gordon Institute of Business Science (GIBS) unrestricted 2013-09-06T15:42:45Z 2010-06-23 2013-09-06T15:42:45Z 2007-04-08 2010-06-23 2010-03-30 Dissertation Gangeni, C 2006, The relationship between capital structure and the financial performance of the firm, MBA dissertation, University of Pretoria, Pretoria, viewed yymmdd < http://hdl.handle.net/2263/23626 > G10/231/ag http://hdl.handle.net/2263/23626 http://upetd.up.ac.za/thesis/available/etd-03302010-133740/ © 2006 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria application/pdf University of Pretoria |
| spellingShingle | UCTD Financial performance Capital structure The relationship between capital structure and the financial performance of the firm |
| title | The relationship between capital structure and the financial performance of the firm |
| title_full | The relationship between capital structure and the financial performance of the firm |
| title_fullStr | The relationship between capital structure and the financial performance of the firm |
| title_full_unstemmed | The relationship between capital structure and the financial performance of the firm |
| title_short | The relationship between capital structure and the financial performance of the firm |
| title_sort | relationship between capital structure and the financial performance of the firm |
| topic | UCTD Financial performance Capital structure |
| url | http://hdl.handle.net/2263/23626 http://upetd.up.ac.za/thesis/available/etd-03302010-133740/ |