Capital structure and corporate strategy in South Africa an empirical analysis

Using South African data, this study tests three propositions about capital structure and product market strategy. The results support the hypotheses that oligopolists have relatively high debt-equity ratio; their debt tends to be long term; and firms that produce unique and / or durable goods tend to have less debt-equity ratio.

Grantor

School of Economics

Year dc:date.issued

2009

Author dc:creator

• Chen, Haoyu

Advisor dc:contributor.advisor

• Ayogu, Melvin

• Economics

Handle dc:identifier.uri

http://hdl.handle.net/11427/38235

OAI identifier oai:identifier

oai:open.uct.ac.za:11427/38235