• Corpus ID: 168432583

The Effect of Capital Structure on the Cost of Capital of Firms Listed at the Nairobi Securities Exchange.

@inproceedings{Boyani2015TheEO,
  title={The Effect of Capital Structure on the Cost of Capital of Firms Listed at the Nairobi Securities Exchange.},
  author={Ongere Ruth Boyani},
  year={2015}
}
Capital structure has been a subject of interest to many researchers over a long period of time because of its importance in financial decision making. As a matter fact, the amount of debt or equity a company holds significantly determines its survival in the long run. While keeping in mind that the overall objective of the firm is to maximize shareholder wealth and thus increase value, a firm is said to create value when it generates a return greater than its cost of capital. The cost of… 

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