January 21, 2011

Posted by: Debt Relief : Category:
Business

by Mays Business School
Entering into a business career can require that you have an education. Gaining a business related education can be done through enrollment in an accredited higher education program. You can receive the quality educational training that you need to enter into a successful career in the business industry. Programs offer the chance to pursue various levels of education to help you meet your career goals. You can learn a number of thing about the opportunities available to you by enrolling in an accredited business training school or college.
1. There are numerous options for enrollment in a business training program to allow you to choose the one that fits your individual needs. Accredited schools and colleges offer a wide range of degree programs. You can select from:
Associate
Bachelor
Master
Doctoral
…degree programs to begin the path to a new career. The level of education will … Read More…
January 20, 2011

Posted by: Debt Relief : Category:
Finance

by Nordea Bank
The Effects of Financing Deficit on Leverage Choice of Quoted Firms In A Developing Economy: The Nigerian Experience
ONWUMERE J.U.J Ph.D
OKOYEUZU CHINWE
ABSTRACT: This paper examines time-series patterns of external financing decisions consistent with the pecking order theory. Emerging markets provide an excellent laboratory to test the explanatory power of financing deficit given the under developed markets for corporate control.The adverse selection problem of external financing automatically leads to the standard pecking order in which debt dominates equity.we run a regression with a firm’s change in debt as the dependent variable and its financing deficit as explanatory variable. we control for other determinants of debt issuance. Controlling for other determinants of debt issuance helps us to see whether the adverse selection model falsely omits critical determinants of leverage. This allows a nesting of the conventional determinants of leverage from the trade-off theory … Read More…