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Faculty of Commerce - Papers (Archive)

2010

Market

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Full-Text Articles in Business

Inter-Firm Collaboration In Australian Telecom Market, Aimee Zhang, Charles Harvie Jan 2010

Inter-Firm Collaboration In Australian Telecom Market, Aimee Zhang, Charles Harvie

Faculty of Commerce - Papers (Archive)

The Australian telecommunications market is a typical mature market in a developed country. This paper gives an overview of the Australian telecommunication market’s development, industry structure, major components and contributions, major firms, key government agencies and organizations in this market. The history and development process of the Australian telecommunications market is, like most telecom markets in the world, one from monopoly to limited competition, from state ownership to market driven and from closed to open. To study inter-firm collaboration types, benefits, and barriers, a qualitative interview was conducted to collect real industry data from different sectors. Face-to-face interviews were adopted …


Capital Structure And Its Implications: Empirical Evidence From An Emerging Market In South Asia, Athula S. Manawaduge, Anura De Zoysa, Palli Mulla K A Chandrakumara Jan 2010

Capital Structure And Its Implications: Empirical Evidence From An Emerging Market In South Asia, Athula S. Manawaduge, Anura De Zoysa, Palli Mulla K A Chandrakumara

Faculty of Commerce - Papers (Archive)

Using panel data regression analysis for a sample of 171 companies, this paper examines the implications of capital structure of corporate entities in an emerging market, Sri Lanka. The results demonstrate that most of the Sri Lankan firms finance their operations with short-term debt capital as against the long-term debt capital. It provides strong evidence to indicate that debt capital has a negative impact on firm performance. The study also found a significant negative relationship between tangibility and performance indicating inefficient utilization of non-current assets. The negative performance implications associated with over-utilization of short-term debts and the under-utilization non-current assets …