ENGLISH ABSTRACT:The determinants of capital structure form an important part of the finance profession.Contemporary capital structure theory began in 1958 when Modigliani and Millerindicated that in a perfect capital market, the value of a firm is not influenced by itscapital structure....

ENGLISH ABSTRACT: The objective of almost all firms should be to maximise the wealth of shareholders.To achieve this goal, firms should use an optimal combination of debt and equity,which will consequently result in the lowest weighted average cost of capital. Firmstherefore need to determine...