Umukoro, Olaoluwa and Uwuigbe, O. R. and Obigbemi, Imoleayo F and Uwuigbe, U. (2020) CAPITAL STRUCTURE AND THE LEVELS OF CASH FLOW AMONG LISTED BANKS IN EMERGING ECONOMIES IN AFRICA. In: Proceedings of INTCESS 2020- 7th International Conference on Education and Social Sciences, 20-22 January, 2020, DUBAI (UAE).
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Abstract
We explore the effect capital structure has on the levels of cash flow of listed banks in Emerging Economies in Africa. Stakeholders’ theory was adopted in explaining the need for empirically verifying the relationship between capital structure and the operating, financing and investing level of cash flow respectively. Data was collated from financial statements and a multiple regression analysis was conducted, using STATA software. A significant relationship was discovered between both capital structure and the levels of cash flow. The study recommends that capital structure should continue to be employed in Emerging Economies as a corporate strategy. This is because it increases cash flow.
| Item Type: | Conference or Workshop Item (Paper) |
|---|---|
| Uncontrolled Keywords: | Capital Structure, Cash flow, Emerging Economies |
| Subjects: | H Social Sciences > H Social Sciences (General) H Social Sciences > HF Commerce H Social Sciences > HF Commerce > HF5601 Accounting |
| Divisions: | Faculty of Law, Arts and Social Sciences > School of Social Sciences |
| Depositing User: | Mrs Patricia Nwokealisi |
| Date Deposited: | 16 Nov 2021 15:48 |
| Last Modified: | 16 Nov 2021 15:48 |
| URI: | http://eprints.covenantuniversity.edu.ng/id/eprint/15482 |
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