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The Determinants of Capital Structure of Large Non-Financial Listed Firms in Nigeria
| Content Provider | Semantic Scholar |
|---|---|
| Author | Salawu, Rafiu Oyesola Agboola, Akinlolu Ayodeji |
| Copyright Year | 2008 |
| Abstract | This paper examines capital structure determinants of non-financial firms in Nigeria using a panel of 33 large firms. Statistical tests are performed for the period 1990-2004. The results reveal that profitability, tangibility and company size are positively related to total debt and long-term debt, and growth opportunities are negatively associated with total debt. The empirical results indicate that the financing decisions of large firms in Nigeria can be explained by the determinants suggested by trade-off theory. |
| Starting Page | 75 |
| Ending Page | 84 |
| Page Count | 10 |
| File Format | PDF HTM / HTML |
| Volume Number | 2 |
| Alternate Webpage(s) | https://www.theibfr.com/download/IJBFR/2008-ijbfr/ijbfr-v2n2-2008/IJBFR-V2N2-2008-6.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |