Abstract

This study focuses to answer the question whether the Financial Crisis of 2008 had an impact on firm’s capital structure. This study gathers data of 45 firms from 2006-2007 and 2009-2010 to see the difference between the determinants of capital structure by using OLS regressions. A chow test is also performed to see if there is a significant change in the determinants of capital structure. Theory regarding capital structure focuses on perfect capital markets, the trade-off theory, agency theory, and market-timing hypothesis. Earlier studies are reviewed to help construct the operational model for this study.

Advisor

Charalambos, Michael

Department

Business Economics

Disciplines

Corporate Finance

Publication Date

2017

Degree Granted

Bachelor of Arts

Document Type

Senior Independent Study Thesis

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© Copyright 2017 Ryan Kamada