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Department of Finance and Tax

A study to identify and evaluate the impact of dividend policy, capital structure and investment decisions on firm value : evidence from the JSE

Abstract

dc:description.abstract

Ever since Modigliani and Miller (1958) made their irrelevance proposition, financial economists have long debated the effect of corporate finance decisions: dividend, capital structure, and investment, on the value of a firm, resulting in intensive theoretical modeling and empirical examinations. The existing evidence regarding this effect is mixed. In this study the debate is extended and its impact on JSE is tested.

Degree

thesis:*
Grantor dc:publisher.institution
Department of Finance and Tax
Year dc:date.issued
2005

Author and committee

dc:creator, dc:contributor.*
Author dc:creator
  • Tewelde, Natnael Y
Advisor dc:contributor.advisor
  • Uliana, Enrico

Rights

Language dc:language.iso
eng

Identifiers

dc:identifier.*
Handle dc:identifier.uri
http://hdl.handle.net/11427/11745
OAI identifier oai:identifier
oai:open.uct.ac.za:11427/11745

Chain of custody

source
Harvested from
University of Cape Town
Base URL
open.uct.ac.za/oai/request
Last updated
2026-07-22
Source record
OAI-PMH GetRecord
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citation

Tewelde, Natnael Y. A study to identify and evaluate the impact of dividend policy, capital structure and investment decisions on firm value : evidence from the JSE. Department of Finance and Tax, 2005. http://hdl.handle.net/11427/11745