Ramjee, Anil; Gwatidzo, Tendai - In: Meditari Accountancy Research 20 (2012) July, pp. 52-67
Purpose – The purpose of this paper is to use a dynamic model to investigate capital structure determinants for 178 firms listed on the Johannesburg Stock Exchange for the period 1998-2008. The sample of firms is also used to examine the cost and speed of adjustment towards a target debt...