Corporate Strategy and Capital Structure: An Empirical.
The Theory and Practice of Corporate Capital Structure January 2006 2 Liability Strategies Group Executive Summary This paper discusses the theory and practice of corporate capital structure, drawing on results from a recent survey. Theoretical Considerations A firm could use three methods to determine its capital structure.
Kaumbuthu (2011) carried out a study to determine the relationship between capital structure and return on equity for industrial and allied sectors in the Nairobi Securities Exchange during the period 2004 to 2008. Capital structure was proxied by debt equity ratio while performance focused on return on equity.
OPTIMAL CORPORATE INVESTMENTS AND CAPITAL STRUCTURE Martin Schultz-Nielsen A dissertation submitted to the School of Business and Social Sciences, Aarhus University in partial fulfillment of the requirements for the degree of Doctor of Philosophy in Economics and Business March 2014.
Structure of Thesis LIST OF ABBREVIATIONS AND ACRONYMS LIST OF FIGURES LIST OF TABLES INTRODUCTION CHAPTER 1 CONCEPTUAL APPROACHES ON BANK CAPITAL 1.1. Theoretical guidelines on concept of bank capital 1.2. Constituients of regulatory capital 1.3. Importance of capital structure in banks 1.4. Bank capital structure 1.4.1. Theories of capital.
This research focuses on important factors in determining the capital structure. The degree of importance of the different theories is also included, from this can be concluded which theory has the most explaining power in determining the capital structure of Dutch companies.
Triggered by the financial crisis in 2007, US opinion leaders in particular argued that the banking regulations of other countries were not strict enough to guide banks’ to hold sufficient amounts of capital. Motivated by these debates, this dissertation comprises three papers that question whether bank regulation has an effect on the capital ratios or the liquidity ratios of banks.
Also the capital structure was the topics of interest in the area of financial management and one of the main tasks of financial managers in the companies is to determine the best company financial resources, in other words the capital structure. Decisions regarding capital structure should be in order to increase the value of the company.