Financial leverage decisions in an era of corporate earnings down-turn and financial market instability: The Nigerian experience

Autor: Abel E. Ezeoha

Publikováno v: Journal of Economic and Financial Sciences, Vol 4, Iss 2, Pp 333-350 (2011)

This paper examines the impact of profitability on the financial leverage of firms operating in an unstable macroeconomic environment such as Nigeria. Using fixed and dynamic panel models, it finds consistent evidence that the profitability of a firm

Externí odkaz: https://doaj.org/article/575396fbacd54a8ab83f2ace3b970dd5

Firm age, collateral value, and access to debt financing in an emerging economy: evidence from South Africa

Autor: Ferdi Botha, Abel E. Ezeoha

Publikováno v: South African Journal of Economic and Management Sciences, Volume: 15, Issue: 1, Pages: 55-71, Published: 2012
South African Journal of Economic and Management Sciences, Vol 15, Iss 1, Pp 72-93 (2012)

This paper applies the Blundell and Bond system generalised method of moments (GMM) two-step estimator to examine the impact of age and collateral value on debt financing, using a panel of 177 non-financial companies listed on the Johannesburg Stock

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_dedup___::3c9da6747bb5c8d9cb7489cff7f62607
https://doi.org/10.4102/sajems.v15i1.138