, that size and profitability have a significant positive effect on cash, stock, and mixed dividend decisions. The decision … not to pay dividends is influenced by low agency costs, high debt, over-liquidity, and excessive investment opportunities …

size, profitability, operating performance and solvency. We also find that the performance of firms after they sell assets … do not improve in profitability, solvency or operations. The only difference the episodes of asset sales make is some …

This study aims to determine the influence of various firm level characteristics such as, profitability, size, growth … show that profitability and liquidity are negatively and significantly related to leverage. Also asset tangibility has a … opportunities, asset tangibility, non-debt tax shield, volatility and liquidity on capital structure. Employing the cross …