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Topic: |
Business
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Number of pages / Number of words: |
10 / 2707 |
Essay's paper body
(See Appendix IV)
It is this variable with which all other variables have been sorted out for correlation. No value of the capital structure gives a biased opinion as revaluation has been subtracted before calculations. This is in order to maintain comparability, with other firms which may not have practiced revaluation in a particular year or the whole period of analysis...
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My main objective was to study the relation between capital structure and market value added. Other variables will merely verify the relation hence found. I do not need to explain each variable at this point as they have already been discussed in detail in the first chapter.
The correlation coefficient between capital Structure and MVA comes out to be a negative value, i...
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General points of the essay
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