Purpose The paper investigates the determinants of capital structure and the speed of
adjustment of capital structure decisions of Nigerian firms. Design/methodology/approach …

Purpose The purpose of this paper is to examine the effects of firm-and country-specific
factors on the dynamics of capital structure for a new data set of firms in Sub-Saharan Africa …

Using data on 239 listed South African firms and covering the period 1996-2010, we apply a
quantile regression approach to investigate the effect of capital structure determinants on …

This study examined the dynamic nature of capital structure decisions and the effectiveness
of trade-off, pecking order, and market timing theories in explaining the changes in leverage …

This study is aimed to examine the effect of uniquenss, tangibility and financial flexibility on
capital structure and firm value. The population of this study is miscellaneous industry sector …

This study contributes to capital structure literature by investigating the determinant factor of
financing decision of firms operating in 13 African countries with different financial …

The study asks whether technology firms adjust their capital structures towards predeter‑
mined targets, and if so, at what speed? Also, is there an intra‑industry leverage‑level effect …

One of the central debates in the empirical capital structure literature is the issue of capital
structure stability. The purpose of this study is to examine the debate in the Nigerian context …

Economic challenges in Zimbabwe have resulted in firms being pushed out of their optimal
leverage. Firms are faced with the need to move back to the optimal level of financing to …

Spurred by the finance-growth literature establishing that development of the financial
system promotes growth in the economy, some African countries introduced financial sector …