Effects of firm-specific factors on Capital structure: the case of some Selected private insurance companies of Ethiopia
| dc.contributor.advisor | Abdurezak, Mohammed (PhD) | |
| dc.contributor.author | Sangeorge, Dessalgne | |
| dc.date.accessioned | 2018-11-13T14:07:37Z | |
| dc.date.accessioned | 2023-11-19T09:08:12Z | |
| dc.date.available | 2018-11-13T14:07:37Z | |
| dc.date.available | 2023-11-19T09:08:12Z | |
| dc.date.issued | 2018-09 | |
| dc.description | The thesis submitted in partial fulfillment of Requirement for master of executive business and administration (EMBA) | en_US |
| dc.description.abstract | The purpose of this study was to examine the effects of firm specific factors on leverage in private insurance companies of Ethiopia. Major concepts used in this study like leverage, tangibility, profitability, liquidity, firm size were operationally defined and some theories of capital structure like trade-off theory, pecking order theory and agency theory were reviewed. Quantitative research method mainly descriptive design was employed for this study. Secondary data were collected from nine private insurance companies of Ethiopia which were selected purposely as a sample and quantitative data were generated. Then to analyze the data, appropriate methods of data analysis were employed. The main findings of the study indicated that there was a statistically significant correlation between leverage and tangibility, leverage and profitability as well as leverage and size of the firm. In addition, using multiple linear regression analysis, this study also indicated that four firm specific factors (tangibility, profitability, liquidity and firm size) explained 24.5% of the variance in the dependent variable (Leverage). Based on the findings, important recommendations like private insurance companies of Ethiopia should choose their capital structure by balancing the advantages of borrowing were made for improving the effectiveness, success and decision of the best capital structure of insurance companies in Ethiopia. | en_US |
| dc.identifier.uri | http://etd.aau.edu.et/handle/12345678/14171 | |
| dc.language.iso | en_US | en_US |
| dc.publisher | Addis Ababa University | en_US |
| dc.subject | Capital Structure | en_US |
| dc.subject | Effect | en_US |
| dc.subject | Factors | en_US |
| dc.subject | Insurance | en_US |
| dc.title | Effects of firm-specific factors on Capital structure: the case of some Selected private insurance companies of Ethiopia | en_US |
| dc.type | Thesis | en_US |