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...

This thesis examines the determinants of capital structure in Sub-Saharan Africa. It looksat three related issues. The first issue is the financing decisions of firms, that is, thechoice between debt and equity. It investigates the extent to which firm characteristicsaffect the way African firms...

This paper investigates trends in intergenerational transmission of education among black South Africans - changes in correlation between parents' and children's education. Using data for 1954-1993 birth cohorts, we find a decrease in intergenerational transmission of education over the last...

This paper investigates trends in intergenerational transmission of education among black South Africans - changes in correlation between parents' and children's education. Using data for 1954-1993 birth cohorts, we find a decrease in intergenerational transmission of education over the last...

This paper investigates trends in intergenerational transmission of education among black South Africans – changes in correlation between parents' and children's education. Using data for 1954-1993 birth cohorts, we find a decrease in intergenerational transmission of education over the last...