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The Relationship Between Capital Structure Practices And Financial Distress In West Africa, Kofi Opoku-Asante
The Relationship Between Capital Structure Practices And Financial Distress In West Africa, Kofi Opoku-Asante
Walden Dissertations and Doctoral Studies
Many scholars have concluded that the relationship between capital structure in a business and its financial health is not clearly defined. When making decisions, managers may lack understanding of the relationship between the capital structure practice and financial distress. The purpose of this study was to test the relationship between capital structure practice and financial distress in West African companies. The capital irrelevance theory, pecking order theory, and the trade-off theory guided the research question to ascertain the relationship between capital structure practice and financial distress. The study design was a quantitative correlational design. The population was all public nonfinancial …
Financing Strategies For Small And Medium Enterprises In Mexico, Mónica Nuñez Huerta
Financing Strategies For Small And Medium Enterprises In Mexico, Mónica Nuñez Huerta
Walden Dissertations and Doctoral Studies
At least 33% of small and medium enterprises (SMEs) in Mexico do not survive the first year and 65% close during the first 5 years of operations. SME survival is essential for a globally competitive market and professional development opportunities for SME employees. Grounded in the pecking order theory, the purpose of this qualitative multiple case study was to explore strategies four Mexican SME leaders used to obtain appropriate financing for their sustainability and growth during and beyond 5 years of beginning operations. Data were collected from semistructured interviews, organizational documents, and social media platforms. Data were analyzed using thematic …