Capital structure decisions: The views of investment advisors
South African Journal of Business Management
| Field | Value | |
| Title | Capital structure decisions: The views of investment advisors | |
| Creator | Titi, Fani Sandler, Merle Ward, Mike | |
| Description | In this research a survey was used to gain insight into the factors that affect the choice of capital structure, from the perspective of investment advisors. Content analysis of responses to open-ended questions in the questionnaire and interviews showed a clear support for the optimal capital structure theory and indicated theory-based approaches to the choice between different financing instruments. Factor analysis showed that taxation implications, market concerns and financing costs affect capital structure decisions. The results indicate that asymmetric information and signalling are important concerns but provide little evidence regarding the importance of agency considerations. | |
| Publisher | AOSIS | |
| Date | 1995-06-30 | |
| Identifier | 10.4102/sajbm.v26i2.824 | |
| Source | South African Journal of Business Management; Vol 26, No 2 (1995); 58-63 2078-5976 2078-5585 | |
| Language | eng | |
| Relation |
The following web links (URLs) may trigger a file download or direct you to an alternative webpage to gain access to a publication file format of the published article:
https://sajbm.org/index.php/sajbm/article/view/824/758
|
|
ADVERTISEMENT
