The optimum leverage for listed companies on the Johannesburg Securities Exchange

M.Com. (Business Management) === The capital structure of a company depends on the degree of debt used. Companies use debt to trade of tax shields and financial distress costs. At the margin where these equate, the optimal capital structure is reached. This optimal capital structure has been determi...

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Bibliographic Details
Main Author: Snaith, N.J.G.
Published: 2014
Subjects:
Online Access:http://hdl.handle.net/10210/12340