The capital structure variations across industries of listed South African firms during boom and bust cycles
Capital structure is the varying levels of use of debt and equity to finance a firms operations. Firms have an overall leverage level, consisting of a long term and short term level. The economy has different phases over the business cycle ranging from boom cycles where businesses prosper to recessi...
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Format: | Others |
Language: | en |
Published: |
2014
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Online Access: | http://hdl.handle.net10539/14900 |