THE IMPLICATIONS OF CAPITAL STRUCTURE THEORY AND REGULATION FOR SOUTH AFRICAN BANKING INSTITUTIONS By WESLEY NAIDU Submitted in partial fulfillment of the requirements for the degree MAGISTER COMMERCII in FINANCIAL MANAGEMENT SCIENCES In the FACULTY OF ECONOMIC AND MANAGEMENT SCIENCES At the UNIVERSITY OF PRETORIA SUPERVISOR: Prof. JOHANNES HvH DE WET November 2011 -i- ABSTRACT The topic of capital structure has been one that has plagued the academic world for a number of years
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Capital Structure 7 July 2013 Introduction The capital structure for a company can be very important for the success of the company. Many aspects of the business must be evaluated in order to determine the appropriate capital structure. Throughout this paper‚ three companies will be evaluated. The three companies being evaluated are eBay (NasdaqGS: EBAY)‚ The Clorox Company (NYSE: CLX)‚ and Alaska Air Group Inc. (NYSE: ALK). Company Overview eBay is a very popular company
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Compsis‚ a Brazilian successes Compsis represents a case of success that comes from Brazil; it proofs that nonetheless the difficult National background in terms of economics‚ finance‚ politics and society‚ this Company created a model that works. Their case tells about innovation‚ technologies‚ skills and flexibility; additionally‚ they dealt with International Governments and faced to a variety of solutions. Compsis‚ obviously prides itself of being an example to follow‚ as well as boasting to
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Assignment 1. Some of the key trends in the capital structure of India Inc. are as follows: Key observations: * Indian corporate employ substantial amount of debt in their capital structure in terms of the debt-equity ratio as well as total debt to total assets ratio. * As a result of debt-dominated capital structure‚ the Indian corporate are exposed to a very high degree of total risk as reflected in high degree of operating leverage and financial leverage and‚ consequently‚ are
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As the leader of a country‚ I feel imperialism would be most successful. The term‚ imperialism‚ is defined as " the policy of extending the rule or authority of an empire or nation over foreign countries‚ or of acquiring and holding colonies." This means imperialist have a desire to gain power by expanding territories through the spreading of law and conquering other countries. A major benefit of imperialism‚ in the past‚ includes development of modern technology‚ such as the steam powered ships
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"Why Distant Objects Please" 1 Distant objects please‚ because‚ in the first place‚ they imply an idea of space and magnitude‚ and because not being obtruded too close upon the eye‚ we clothe them with the indistinct and airy colours of fancy. In looking at the misty mountain-tops that bound the horizon‚ the mind is as it were conscious of all the conceivable objects and interests that lie between; we imagine all sort of adventures in the interim; strain our hopes and wishes to reach the air-drawn
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The gallipoli campaign In 1915 ‚april ‚25th the birthday of the gallipoli campaign‚ the Anzacs prove to us that they are heroic soldiers and that they went through a lot of tough times.The report will be based on the Gallipoli campaign and will explain the following: Aim of the Gallipoli campaign which resulted in failure but showed the heroines of the anzacs‚battle of the nek‚the living conditions each anzac face‚heath of the soldiers and mate ship. Aim of Gallipoli Campaign The aim of the Gallipoli
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CAPITAL STRUCTURE: MEANING: - Capital structure of a firm is a reflection of the overall investment and financing strategy of the firm. - Capital structure can be of various kinds as described below: ▪ Horizontal capital structure: the firm has zero debt component in the structure mix. Expansion of the firm takes through equity or retained earnings only. ▪ Vertical capital structure: the base of the structure is formed by a small amount
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Why Did Plymouth Succeed? The Plymouth Colony was one of England’s first successful colonies in North America. There were two groups of people who founded Plymouth: the Pilgrims‚ also known as Separatists‚ and the Strangers. The Strangers were called the Strangers because the Pilgrims did not know who they were. The Pilgrims were called the Pilgrims because anyone who took a voyage for religious reasons were called pilgrims‚ however Pilgrim spelled with a capital P is reserved for the The Pilgrims
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and 1917 (Lance 1979‚ 51-53).Through time‚ the WSPU conducted inadequate militant actions that damaged their cause‚ but they contributed to the war efforts during WWI and were able to help women gain enfranchisement‚ therefore they were partially successful in promoting the British Suffragette movement. They used various forms of propaganda‚ adopted militant strategies‚ and supported the war effort to promote the suffragette movement (Lance‚ 1979‚ 51-53). Some historians agree that the forms of propaganda
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