Kodongo, Odongo; Mokoaleli-Mokoteli, Thabang; Maina, Leonard - Volkswirtschaftliche Fakultät, … - 2014
leverage significantly, and negatively, affects the profitability of listed firms in Kenya. However, leverage has no effect on … suggest that asset tangibility, sales growth and firm size are important determinants of profitability. Surprisingly, asset … tangibility consistently has a negative relationship with profitability. For small firms, our results indicate that sales growth …