CAPITAL STRUCTURE DETERMINANTS THE CASE OF THE KENYAN BANKING INDUSTRY TABLE OF CONTENTS 1. INTRODUCTION Capital structure refers to the mix of debt and equity which a firm uses to finance its operations. Many theories have been formulated with regard to whether there exists an optimal capital structure mix and the role the various determinants of capital structure play in deciding the mix. The Modern theory of capital structure began with Modigliani and Miller in 1958 (Harris
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623–656‚ July‚ October‚ 1948. A Mathematical Theory of Communication By C. E. SHANNON T I NTRODUCTION HE recent development of various methods of modulation such as PCM and PPM which exchange bandwidth for signal-to-noise ratio has intensified the interest in a general theory of communication. A basis for such a theory is contained in the important papers of Nyquist 1 and Hartley2 on this subject. In the present paper we will extend the theory to include a number of new factors‚ in particular
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Communication Theory. Course notes. Jaume Riba and Gregori V´zquez a February 16‚ 2012 Contents 0.1 0.2 Scope of the course . . . . . . . . . . . . . . . . . . . . . . . . Bibliography . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 5 8 8 9 9 11 13 14 15 16 17 21 32 32 33 33 34 35 36 36 40 41 42 51 52 53 1 Capacity 1.1 A Definition of Information . . . . . . . . . . . . . . . . . . . 1.1.1 The discrete memory-less source . . . . . . . . . . . . 1.1.2 Measure of information . . .
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CHAPTER 13: CAPITAL STRUCTURE AND LEVERAGE 1. A firm’s business risk is largely determined by the financial characteristics of its industry‚ especially by the amount of debt the average firm in the industry uses. a. True b. False ANSWER: False 2. Financial risk refers to the extra risk borne by stockholders as a result of a firm’s use of debt as compared with their risk if the firm had used no debt. a. True b. False ANSWER: True 3. A firm’s capital structure does not affect its free cash
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corporate capital structure Advanced Corporate Finance 4.1 5 + 6 September 2013 Corporate finance: (1) managing the balance sheet Cash + Liquid assets Accounts receivable Inventory Short t Sh t term liabilities li biliti - short term debt - accounts payable Long term liabilities LT assets - fixed - non-fixed - financial Equity 1 8/30/2013 Corporate Finance at different levels + (2) managing the cash flow needs • Long term finance (LT investments‚ capital structure) investments
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symbols - effective in both colour and monotone b/w symbols that have changed their meaning why do the symbols change their meaning? notion of communication communication theory idea began as a cause and effect behaviour silver bullet theory inject the idea of something into somebody else Propaganda lord hitcher - original transmission model linear process Shannon and Weaver - more of a mathematical approach message from point A to point B with minimal distortion eg more so on
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the AI discipline for the machine learning papers in spots 1‚ 4‚ and 5 pushed it down. This paper discusses the theory of sending communications down a noisy channel and demonstrates a few key engineering parameters‚ such as entropy‚ which is the range of states of a given communication. It’s one of the more fundamental papers of computer science‚ founding the field of information theory and enabling the development of the very tubes through which you received this web page you’re reading now. It’s
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will identify the barriers of communication that occurred during the intervention e.g. environmental barriers such as space and noise‚ emotions such as anxiety‚ etc. The paper will reflect on the impact these barriers had on the outcome of the intervention. In addition the paper will reflect on the key communication strategies used and analyse their strengths and weaknesses. Furthermore the paper will reflect on the theories and models of interpersonal communication that are relevant to this incident
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Capital Structure Capital Structure‚ Interest Rates and Credit Ratings Prepared by Ece SARAÇOĞLU BILGI‚ MSc in International Finance INF 503 - Financial Economics and Interest Rates December 2012 TABLE OF CONTENTS I. II. III. a) b) c) d) e) f) g) h) i) j) k) l) m) n) o) p) q) IV. V. Why Capital Structure Matters To Investments How Debt and Equity Financing Differ Choosing Between Debt and Equity Financing Process Ownership rights Rights over profit Ease of doing business Repayment Cost to company
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FORE SCHOOL OF MANAGEMENT CORPORATE FINANCE Capital Structure in TATA Motors Course: PGDM Capital Structure in TATA Motors Corporate Finance ACKNOWLEDGEMENT The preparation of this project report was a multi-staged process and each stage involved contributions from various individuals and resources. We are greatly thankful to Dr. Himanshu Joshi‚ Lecturer in Corporate Finance who gave us an opportunity to work on this project. We express our profound sense of gratitude and veneration to you
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