| Título: | The Effect of Capital Structure on Share Price On Listed Firms In Kenya. A Case of Energy Listed Firms |
| Autores: |
Buigut, Kibet Soi, Neddy Koskei, Irene Kibet, John |
| Fecha: | 2013-04-30 |
| Publicador: | European Journal of Business and Management |
| Fuente: |
 |
| Tipo: |
info:eu-repo/semantics/article Peer-reviewed Article info:eu-repo/semantics/publishedVersion |
| Tema: | No aplica |
| Descripción: | The focus of this study is to investigate the relationship between capital structure and share prices in the Nairobi Stock Exchange. The study assessed effect of debt, equity and gearing ratio on share price. The study was guided by Modigliani and Miller (MM). The study uses panel data pertaining to energy sector over the period 2006-2011 and employs multiple regression method. The results indicate that the variables debt, equity and gearing ratio are significant determinants of share prices for the sector under consideration. Further, gearing ratio and debt were found to positively affecting share prices, while equity negatively affected share prices Keywords: Share Prices, Gearing Ratio, Equity, Debts |
| Idioma: | Inglés |
1 | 6 Factors Influencing Jobs Satisfaction in Two Chinese Universities por Tian, Heng,Yu, Heyuan |
2 Ethics of Investment and the Social Responsibilities of the Islamic Banks por Mounira, ARAB,Gabanni, Abdul | 7 Entrepreneurial Competencies and Entrepreneurial Spirit in Japan por Wong, Hajimasi |
3 An Empirical Study on the Knowledge Sharing Behaviour among Employees in Small Enterprises por Vonartas, Alexander | 8 Necessity and Feasibility of Supervisory Management Style por Tu, Yiyuan,Zhuang, Tianhua |
4 | 9 The Intercultural Communication Theory and the Distributed Decision-Making por Muhammad, Siti |
5 A New Approach to Evaluate the Auditor Reporting Quality por Mohammed, Syed,Jubair, Abdullah | 10 |