FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W2807335622> ?p ?o ?g. }

• W2807335622 endingPage "164" @default.
• W2807335622 startingPage "150" @default.
• W2807335622 abstract "In spite of the dominance of the capital structure debate among both academic researchers and practitioners in the field of corporate finance over the last three decades, finding an optimal capital structure remains an ever-elusive gem. In particular, many contemporary firms are yet to find the optimum debt levels that maximises shareholder value. The purpose of this study was to examine the effects of debt configurations namely short-term, long-term and total debt on firm financial performance measured as return on assets and return on equity of listed firms in Kenya. The study utilizes panel econometric techniques named pooled ordinary least squares (OLS), fixed effects (FE) and random effects (RE) to analyze the effects of debt on financial performance of 40 non-financial firms listed on the Nairobi Securities Exchange between 2009 and 2015. Empirical results show that short-term, long-term and total debt have negative and statistically significant effects on returns on assets across OLS and RE. However, the debt measures have no significant effects on returns on equity across all estimation methods. These mixed empirical results partially follow both the trade-off and Modigliani and Miller’s theoretical predictions and partly contradict the very theories. Consequently, financial managers should adjust debt levels to ensure that they operate at the optimum points. On the other hand, credit institutions should only finance businesses up to the point where profitability is maximized to mitigate against default risks associated with overleveraging." @default.
• W2807335622 created "2018-06-13" @default.
• W2807335622 creator A5014140790 @default.
• W2807335622 creator A5030716193 @default.
• W2807335622 creator A5069815678 @default.
• W2807335622 date "2018-01-01" @default.
• W2807335622 modified "2023-09-26" @default.
• W2807335622 title "Effect of Debt Financing Options on Financial Performance of Firms Listed at the Nairobi Securities Exchange, Kenya" @default.
• W2807335622 cites W1488529727 @default.
• W2807335622 cites W1519180520 @default.
• W2807335622 cites W1546993880 @default.
• W2807335622 cites W1661092163 @default.
• W2807335622 cites W1706835013 @default.
• W2807335622 cites W1978175480 @default.
• W2807335622 cites W2068087503 @default.
• W2807335622 cites W2082198256 @default.
• W2807335622 cites W2086995991 @default.
• W2807335622 cites W2143269162 @default.
• W2807335622 cites W2144887174 @default.
• W2807335622 cites W2399456737 @default.
• W2807335622 cites W2529168940 @default.
• W2807335622 cites W2551133253 @default.
• W2807335622 cites W2554860065 @default.
• W2807335622 cites W2626017021 @default.
• W2807335622 cites W2752617332 @default.
• W2807335622 cites W2991967423 @default.
• W2807335622 cites W3022429685 @default.
• W2807335622 cites W3124114405 @default.
• W2807335622 cites W3124793539 @default.
• W2807335622 cites W282849708 @default.
• W2807335622 hasPublicationYear "2018" @default.
• W2807335622 type Work @default.
• W2807335622 sameAs 2807335622 @default.
• W2807335622 citedByCount "0" @default.
• W2807335622 crossrefType "journal-article" @default.
• W2807335622 hasAuthorship W2807335622A5014140790 @default.
• W2807335622 hasAuthorship W2807335622A5030716193 @default.
• W2807335622 hasAuthorship W2807335622A5069815678 @default.
• W2807335622 hasConcept C100363876 @default.
• W2807335622 hasConcept C10138342 @default.
• W2807335622 hasConcept C106159729 @default.
• W2807335622 hasConcept C120527767 @default.
• W2807335622 hasConcept C129361004 @default.
• W2807335622 hasConcept C135665773 @default.
• W2807335622 hasConcept C144024400 @default.
• W2807335622 hasConcept C144133560 @default.
• W2807335622 hasConcept C149923435 @default.
• W2807335622 hasConcept C149933338 @default.
• W2807335622 hasConcept C155530773 @default.
• W2807335622 hasConcept C162324750 @default.
• W2807335622 hasConcept C17744445 @default.
• W2807335622 hasConcept C199539241 @default.
• W2807335622 hasConcept C199728807 @default.
• W2807335622 hasConcept C2908647359 @default.
• W2807335622 hasConcept C556758197 @default.
• W2807335622 hasConcept C73283319 @default.
• W2807335622 hasConcept C74153512 @default.
• W2807335622 hasConceptScore W2807335622C100363876 @default.
• W2807335622 hasConceptScore W2807335622C10138342 @default.
• W2807335622 hasConceptScore W2807335622C106159729 @default.
• W2807335622 hasConceptScore W2807335622C120527767 @default.
• W2807335622 hasConceptScore W2807335622C129361004 @default.
• W2807335622 hasConceptScore W2807335622C135665773 @default.
• W2807335622 hasConceptScore W2807335622C144024400 @default.
• W2807335622 hasConceptScore W2807335622C144133560 @default.
• W2807335622 hasConceptScore W2807335622C149923435 @default.
• W2807335622 hasConceptScore W2807335622C149933338 @default.
• W2807335622 hasConceptScore W2807335622C155530773 @default.
• W2807335622 hasConceptScore W2807335622C162324750 @default.
• W2807335622 hasConceptScore W2807335622C17744445 @default.
• W2807335622 hasConceptScore W2807335622C199539241 @default.
• W2807335622 hasConceptScore W2807335622C199728807 @default.
• W2807335622 hasConceptScore W2807335622C2908647359 @default.
• W2807335622 hasConceptScore W2807335622C556758197 @default.
• W2807335622 hasConceptScore W2807335622C73283319 @default.
• W2807335622 hasConceptScore W2807335622C74153512 @default.
• W2807335622 hasIssue "10" @default.
• W2807335622 hasLocation W28073356221 @default.
• W2807335622 hasOpenAccess W2807335622 @default.
• W2807335622 hasPrimaryLocation W28073356221 @default.
• W2807335622 hasRelatedWork W1529642041 @default.
• W2807335622 hasRelatedWork W1547894545 @default.
• W2807335622 hasRelatedWork W1576406307 @default.
• W2807335622 hasRelatedWork W162252329 @default.
• W2807335622 hasRelatedWork W1884642101 @default.
• W2807335622 hasRelatedWork W2155214166 @default.
• W2807335622 hasRelatedWork W2382665042 @default.
• W2807335622 hasRelatedWork W2889775955 @default.
• W2807335622 hasRelatedWork W2906981045 @default.
• W2807335622 hasRelatedWork W2920428145 @default.
• W2807335622 hasRelatedWork W2961068495 @default.
• W2807335622 hasRelatedWork W2992747967 @default.
• W2807335622 hasRelatedWork W2998629846 @default.
• W2807335622 hasRelatedWork W3086020977 @default.
• W2807335622 hasRelatedWork W3095856893 @default.
• W2807335622 hasRelatedWork W3123840786 @default.
• W2807335622 hasRelatedWork W3127486509 @default.
• W2807335622 hasRelatedWork W3147423039 @default.

• next