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    • Dynamic Adjustment Towards Target Capital Structure: Panel Evidence of Listed 

      Wanjau, Kenneth L.; Olweny, Tobias; Maina, Leonard K. (Journal of Accounting, Finance and Auditing Studies, 2018)
      Trade-off theory of capital structure uses static and dynamic approach. The use of static approach has been prevalent. Despite the importance of dynamic capital structure the debate in Kenya is so far inconclusive. Therefore, ...
    • Observed leverage and financial performance of listed firms in Kenya 

      Maina, Leonard K.; Olweny, Tobias; Wanjau, Kenneth Lawrence (2018)
      Capital structure management is one of the most crucial corporate financial management functions in a firm since appropriate debt policy is reported to maximize the value of a firm. Kenya is ranked second in Africa ...