DETERMINANT OF FINANCIAL LEVERAGE OF LISTED CONGLOMERATE FIRMS IN NIGERIA
Abstract The theory of financial leverage and its relationship with firms’ performance has been an issue of great concern in corporate finance and accounting literature since the seminal work of Modigliani and Miller in 1958.This study investigated determinant of financial leverage of listed conglomerate firms in Nigeria. Analyses of the aggregate data were done using both descriptive and regression analysis. The major findings of the study revealed that an increase ...
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