Department of Accounting and Finance, Debre Markos University, Debre Markos, Ethiopia
Review Article
The Determinants of Capital Structure Decision of Commercial Banks in Ethiopia
Author(s): Tilahun Simegnew*
The capital structure decision is at the center of many other decisions in corporate finance. Corporate financial manager is responsible to ensure low cost of capital and to maximize the wealth of shareholders. The purpose of this study is to investigate the determinants of capital structure decision in commercial banks of Ethiopia for eleven consecutive years (2010-2020) by using explanatory research design and multiple linear regressions. Quantitative research approach was utilized for secondary data analysis which is obtained from the audited financial statements of the sample banks. The study used purposive sampling technique to select eight banks from the total population of 17 commercial banks. The panel data were analysed with a fixed effect regression model. The study used descriptive statistics, correlation analysis and fixed effect multiple regression analysis to present and.. Read More»
DOI:
10.37421/2168-9601.2023.12.406
Accounting & Marketing received 487 citations as per Google Scholar report