An Evaluation of Capital Structure and the Profitability of Companies

1
Akakabota Edward Eta
Akakabota Edward Eta
1 Delta State University, Asaba Campus, Asaba

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Introduction-For development and growth of any society, the provision of basic infrastructure is quite necessary. This perhaps explains why the government shows great concern for a medium through which fund can be made available to achieve their set goals for the society. Government needs money (fund) to be able to execute its social obligations to the public. These social obligations are not limited to the provision of infrastructure and social services. According to Murkur (2001), meeting the needs of the society call, for huge funds which an individual or society could not contribute alone. It becomes the responsibility of the government to source for the funds to enable her provide these basic amenities to the citizen who are the beneficiaries.

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No external funding was declared for this work.

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The authors declare no conflict of interest.

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No ethics committee approval was required for this article type.

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Akakabota Edward Eta. 2015. \u201cAn Evaluation of Capital Structure and the Profitability of Companies\u201d. Global Journal of Management and Business Research - C: Finance GJMBR-C Volume 15 (GJMBR Volume 15 Issue C3): .

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GJMBR Volume 15 Issue C3
Pg. 11- 15
Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

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GJMBR-C Classification: JEL Code: D53
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v1.2

Issue date

April 22, 2015

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English

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Introduction-For development and growth of any society, the provision of basic infrastructure is quite necessary. This perhaps explains why the government shows great concern for a medium through which fund can be made available to achieve their set goals for the society. Government needs money (fund) to be able to execute its social obligations to the public. These social obligations are not limited to the provision of infrastructure and social services. According to Murkur (2001), meeting the needs of the society call, for huge funds which an individual or society could not contribute alone. It becomes the responsibility of the government to source for the funds to enable her provide these basic amenities to the citizen who are the beneficiaries.

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An Evaluation of Capital Structure and the Profitability of Companies

Akakabota Edward Eta
Akakabota Edward Eta Delta State University, Asaba Campus, Asaba

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