This article helps to understand that there is no theory of optimal capital structure of the company in a perfect market where there are no transaction costs, costs of bankruptcy and tax and where information is perfect. It recalls that the consideration by some authors of marke...
Open access
Research Article10.9734/BJEMT/2014/8381
Access to financial credit facilities remains top on the list of constraints affecting the development of MSMEs in Nigeria. This state of affairs subsists despite the nation’s robust financial sector. Commercial banks loans portfolio to MSMEs as percentage of total credit to the...
Open access
Research Article10.9734/BJEMT/2014/8688
Aims: Social accounting matrix (SAM) is a kind of important form in the national accounts calculation. The requisite data are typically collected from a number of different sources. Therefore, much of data used will not be immediately consistent. The aim of this paper present th...
Open access
Research Article10.9734/BJEMT/2014/8942
Aims: The objectives of this study are to assess the level and impact of concentration of portfolios on the ZSE and to determine the number of stocks to be held in a concentrated portfolio to achieve effective risk reduction. Study Design: Portfolio Model. Place and Duration of...
Open access
Research Article10.9734/BJEMT/2014/8684
Aims: This study operationalized a theoretical framework, the “brand-choice sequences” theory, to empirically measure and analyze consumers’ loyalty to brands of bottled water in Nigeria, using Awka, a capital city of Anambra State, Nigeria and six bottled water brands as study s...
Open access
Research Article10.9734/BJEMT/2014/7104
Ghana is the first country within Sub-Saharan Africa to become independent from British colonial rule and one of Africa’s most promising democracies. Ghana’s adoption of the 1992 Constitution and its return to democratic rule in 1993 created viable political environment for civic...
Open access
Research Article10.9734/BJEMT/2014/5856
This paper examined the shipping marketing strategies within the framework of complexity theory. Then using prevailing models in both services marketing and complexity theory, core elements like dynamic life cycle of products and industries, strategy, leadership, team-work as wel...
Open access
Research Article10.9734/BJEMT/2014/9220
Smallholder farmers constitute the largest share of farm households in Nigeria and many of them are poor. A way out of poverty for them is to address market related problems. In this paper, the market options available to these farmers, as well as market related factors that are...
Open access
Research Article10.9734/BJEMT/2014/7826
Aims: In recent decades, the management of the intellectual capitals has turned into one of the noteworthy and appealing issues. The main objective of the present research was to evaluate the components of intellectual capitals in nonprofit organizations. To this end, Procurement...
Open access
Research Article10.9734/BJEMT/2014/7065
This paper describes specialisation dynamics in the Baltic States using Revealed Comparative Advantage (RCA) measured. We analyse the development of the distribution of the comparative advantage using descriptive statistics, Galtonian regression, and Gini coefficient. Intersector...
Open access
Research Article10.9734/BJEMT/2014/8848