期刊名称:International Journal of Economics and Finance
印刷版ISSN:1916-971X
电子版ISSN:1916-9728
出版年度:2019
卷号:11
期号:2
页码:p68
DOI:10.5539/ijef.v11n2p68
语种:English
出版社:Canadian Center of Science and Education
摘要:This study aimed at determining the impact of corporate control on capital structure of Nairobi Securities listed firms.Capital structure decision contribute significantly to creating and growing firm's value and wealth maximization for shareholders while corporate control is believed to be key influencer of the quality of such decision.The paper tested the hypothesis that there is no significant influence of corporate control on capital structure.Trade-off theory is the anchoring theory.Regression analysis and correlation analysis were applied to test the hypotheses.The key study variables of the listed companies were subjected to descriptive statistics and the results revealed a significant positive linkage between the variables.The findings were in line with previous research findings and also provided further insight on the impact of self-determining variable, corporate control on the capital structure.The study has also applied important mechanism in CCI to study the influence of corporate control on capital structure which has provided new insight on the relationship thereby enriching the result.