A firm's capital structure gives it an endogenous cause to default. Be that as it may, prior to default there is no way to precisely single out the firms that will default from those that will not. At best, we can only ...

There have been a number of studies carried out that have tried to determine the long term performance of IPOs. The three key issues these studies try and dwell on is the long run under-performance, short term underpricing ...

This study examines the effect of ownership structure of listed banks in Kenya on their dividend payout policy. The theoretical frmne7.uork of this study is based on dividend relevance theory dividend irrelevance theory ...