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Research Article
Vol. 10, Issue 2
CONGLOMERATION AND LEVERAGE: TEST OF AGENCY THEORY’S SPECIAL USE OF DEBTS HYPOTHESIS IN IGERIAN CONGLOMERATES FIRMS
The study is a contribution the large discussion on the determinants of capital structure in firms but with specific focus on conglomerates short term leverage decision. The impetus of the study in based on the need to provide empirical evidence to support the Special Use of Debts Hypotheses (SUDH) proposed by Jensen and Meckling’s (1976) a...