{"id":"https://openalex.org/W620543624","doi":null,"title":"The implications of capital structure theory and regulation for South African banking institutions","display_name":"The implications of capital structure theory and regulation for South African banking institutions","publication_year":2013,"publication_date":"2013-01-10","ids":{"openalex":"https://openalex.org/W620543624","mag":"620543624"},"language":"en","primary_location":{"id":"pmh:oai:repository.up.ac.za:2263/25512","doi":null,"is_oa":true,"landing_page_url":"http://hdl.handle.net/2263/25512","pdf_url":"https://repository.up.ac.za/bitstreams/46dc516c-6cf4-4d3e-bd7d-5abb7e565323/download","source":{"id":"https://openalex.org/S4306401870","display_name":"UpSpace Institutional Repository (University of Pretoria)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I69552723","host_organization_name":"University of Pretoria","host_organization_lineage":["https://openalex.org/I69552723"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"Dissertation"},"volume":null,"type":"dissertation","is_traditional":true,"indexed_in":[],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://repository.up.ac.za/bitstreams/46dc516c-6cf4-4d3e-bd7d-5abb7e565323/download","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5018289643","display_name":"Wesley Naidu","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":true,"raw_author_name":"Wesley Naidu","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":["https://openalex.org/A5018289643"],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":true,"cited_by_count":5,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.8374000191688538,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.8374000191688538,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.14110000431537628,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T14183","display_name":"Banking Sector Performance and Management","score":0.004000000189989805,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/capital-structure","display_name":"capital structure","score":0.8569999933242798},{"id":"https://openalex.org/keywords/banks","display_name":"banks","score":0.7070000171661377},{"id":"https://openalex.org/keywords/capital-adequacy","display_name":"capital adequacy","score":0.7799999713897705},{"id":"https://openalex.org/keywords/banking-regulation","display_name":"banking regulation","score":0.6299999952316284},{"id":"https://openalex.org/keywords/modigliani-miller-theorem","display_name":"Modigliani-Miller theorem","score":0.7879999876022339},{"id":"https://openalex.org/keywords/trade-off-theory","display_name":"trade-off theory","score":0.9940000176429749},{"id":"https://openalex.org/keywords/pecking-order-theory","display_name":"pecking order theory","score":0.9980000257492065},{"id":"https://openalex.org/keywords/signaling-theory","display_name":"signaling theory","score":0.9879999756813049},{"id":"https://openalex.org/keywords/agency-cost-theory","display_name":"agency cost theory","score":0.9559999704360962},{"id":"https://openalex.org/keywords/bank-performance","display_name":"bank performance","score":0.8930000066757202},{"id":"https://openalex.org/keywords/bank-stability","display_name":"bank stability","score":0.7429999709129333},{"id":"https://openalex.org/keywords/south-african-banking","display_name":"South African banking","score":0.6600000262260437},{"id":"https://openalex.org/keywords/regulatory-compliance","display_name":"regulatory compliance","score":0.5329999923706055}],"concepts":[{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.4852049648761749},{"id":"https://openalex.org/C149933338","wikidata":"https://www.wikidata.org/wiki/Q950816","display_name":"Capital structure","level":3,"score":0.4188055396080017},{"id":"https://openalex.org/C73283319","wikidata":"https://www.wikidata.org/wiki/Q1416617","display_name":"Financial system","level":1,"score":0.3923015892505646},{"id":"https://openalex.org/C74363100","wikidata":"https://www.wikidata.org/wiki/Q273005","display_name":"Economic system","level":1,"score":0.36244630813598633},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3509673476219177},{"id":"https://openalex.org/C40700","wikidata":"https://www.wikidata.org/wiki/Q1411783","display_name":"Industrial organization","level":1,"score":0.3370988965034485},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.22973698377609253},{"id":"https://openalex.org/C120527767","wikidata":"https://www.wikidata.org/wiki/Q3196867","display_name":"Debt","level":2,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"pmh:oai:repository.up.ac.za:2263/25512","doi":null,"is_oa":true,"landing_page_url":"http://hdl.handle.net/2263/25512","pdf_url":"https://repository.up.ac.za/bitstreams/46dc516c-6cf4-4d3e-bd7d-5abb7e565323/download","source":{"id":"https://openalex.org/S4306401870","display_name":"UpSpace Institutional Repository (University of Pretoria)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I69552723","host_organization_name":"University of Pretoria","host_organization_lineage":["https://openalex.org/I69552723"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"Dissertation"},{"id":"mag:620543624","doi":null,"is_oa":false,"landing_page_url":"https://repository.up.ac.za/handle/2263/25512","pdf_url":null,"source":null,"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":null}],"best_oa_location":{"id":"pmh:oai:repository.up.ac.za:2263/25512","doi":null,"is_oa":true,"landing_page_url":"http://hdl.handle.net/2263/25512","pdf_url":"https://repository.up.ac.za/bitstreams/46dc516c-6cf4-4d3e-bd7d-5abb7e565323/download","source":{"id":"https://openalex.org/S4306401870","display_name":"UpSpace Institutional Repository (University of Pretoria)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I69552723","host_organization_name":"University of Pretoria","host_organization_lineage":["https://openalex.org/I69552723"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"Dissertation"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":true,"pdf":true},"content_urls":{"pdf":"https://content.openalex.org/works/W620543624.pdf","grobid_xml":"https://content.openalex.org/works/W620543624.grobid-xml"},"referenced_works_count":33,"referenced_works":["https://openalex.org/W17900300","https://openalex.org/W422795892","https://openalex.org/W564193536","https://openalex.org/W598463103","https://openalex.org/W1482561146","https://openalex.org/W1488594536","https://openalex.org/W1505999675","https://openalex.org/W1546993880","https://openalex.org/W1583724248","https://openalex.org/W1596174436","https://openalex.org/W1979758570","https://openalex.org/W2002390282","https://openalex.org/W2016604776","https://openalex.org/W2030193170","https://openalex.org/W2047557023","https://openalex.org/W2080161757","https://openalex.org/W2084310832","https://openalex.org/W2091596451","https://openalex.org/W2115846503","https://openalex.org/W2116558960","https://openalex.org/W2124597406","https://openalex.org/W2127547261","https://openalex.org/W2130683235","https://openalex.org/W2146880834","https://openalex.org/W2153524047","https://openalex.org/W2165934798","https://openalex.org/W2170790204","https://openalex.org/W2494094091","https://openalex.org/W2738421686","https://openalex.org/W3124450204","https://openalex.org/W3124871904","https://openalex.org/W3125521824","https://openalex.org/W3196513328"],"related_works":["https://openalex.org/W128573695","https://openalex.org/W2913061309","https://openalex.org/W7147411753","https://openalex.org/W2765818134","https://openalex.org/W3126719931","https://openalex.org/W6903860332","https://openalex.org/W4401775032","https://openalex.org/W4255651214","https://openalex.org/W7095474140","https://openalex.org/W2186491112"],"abstract_inverted_index":{"The":[0,190,210,290,335],"topic":[1],"of":[2,17,64,83,100,106,150,160,164,206,217,246,269,272,285,299,303,323,326,337,351],"capital":[3,87,122,137,162,184,218,273,338],"structure":[4,88,163,185,219,274,339],"has":[5,9,58,139],"been":[6,21,59,115],"one":[7],"that":[8,136,198,213],"plagued":[10],"the":[11,26,34,39,62,81,91,97,104,107,118,134,158,161,201,207,214,244,247,253,262,270,297,319,324],"academic":[12],"world":[13],"for":[14,255,343],"a":[15,53,84,141,227,236],"number":[16],"years.":[18],"There":[19],"have":[20,29,114],"numerous":[22],"works":[23],"published":[24],"on":[25,61,140,170],"subject":[27],"which":[28],"presented":[30],"such":[31],"theories":[32,68],"as":[33,330],"Modigliani":[35],"and":[36,47,66,90,120,144,174,187,204,221,231,241,264,275,341],"Miller":[37],"Propositions,":[38],"Trade-off":[40],"Theory,":[41,44],"Pecking":[42],"Order":[43],"Signaling":[45],"Theory":[46,50],"Agency":[48],"Cost":[49],"to":[51,69,80,132,180,194,200,278],"name":[52],"few.":[54],"However,":[55],"little":[56],"research":[57],"done":[60],"application":[63,99,216],"these":[65],"other":[67],"banking":[70,112,208,346],"institutions":[71,113],"located":[72],"in":[73,166,183,232,235,292,296,311],"Southern":[74],"Africa.":[75],"This":[76,155],"adds":[77],"increased":[78,98],"complexity":[79],"determining":[82],"local":[85],"bank\u2019s":[86,142,228],"policy":[89,186],"difficulty":[92],"is":[93,212],"further":[94],"exacerbated":[95],"by":[96,175,315],"regulatory":[101,188],"control.":[102],"In":[103],"wake":[105],"recent":[108],"global":[109],"financial":[110,172],"crisis,":[111],"placed":[116],"under":[117],"spotlight":[119],"their":[121],"adequacy":[123,138],"levels":[124],"come":[125],"into":[126],"question.":[127],"A":[128],"need":[129],"was":[130],"identified":[131],"investigate":[133],"impact":[135],"performance":[143,205],"whether":[145],"it":[146],"achieves":[147],"its":[148,276],"purpose":[149],"increasing":[151],"stability":[152],"amongst":[153],"banks.":[154],"study":[156,191],"analysed":[157],"determinants":[159],"banks":[165],"South":[167,279,344],"Africa":[168],"based":[169],"secondary":[171],"data":[173],"performing":[176],"this":[177,293,304],"analysis":[178,248],"attempted":[179,193],"establish":[181],"trends":[182],"compliance.":[189],"also":[192],"identify":[195],"best":[196],"practices":[197],"contribute":[199],"overall":[202],"value":[203],"institution.":[209],"expectation":[211],"correct":[215],"theory":[220,340],"compliance":[222],"with":[223],"regulations":[224],"will":[225],"decrease":[226],"risk":[229],"profile":[230],"turn":[233],"result":[234],"more":[237],"stable":[238],"monetary":[239],"system":[240],"economy.":[242],"Overall,":[243],"results":[245,263],"were":[249],"inconclusive,":[250],"but":[251],"lay":[252],"basis":[254],"potential":[256],"future":[257],"research.":[258],"Conclusions":[259],"drawn":[260],"from":[261],"literature":[265],"create":[266],"greater":[267],"understanding":[268],"dynamics":[271],"implications":[277,336],"African":[280,345],"Banks.":[281],"Copyright":[282],"2011,":[283,334],"University":[284,298,325,350],"Pretoria.":[286,300,327],"All":[287],"rights":[288],"reserved.":[289],"copyright":[291],"work":[294,305],"vests":[295],"No":[301],"part":[302],"may":[306],"be":[307],"reproduced":[308],"or":[309,314],"transmitted":[310],"any":[312,316],"form":[313],"means,":[317],"without":[318],"prior":[320],"written":[321],"permission":[322],"Please":[328],"cite":[329],"follows:":[331],"Naidu,":[332],"W":[333],"regulation":[342],"institutions,":[347],"MCom":[348],"dissertation,":[349],"Pretoria,":[352,353],"viewed":[354],"yymmdd":[355],"<":[356],"http://upetd.up.ac.za/thesis/available/etd-01272012-122305":[357],"/":[358],">":[359],"C12/4/97/gm":[360]},"counts_by_year":[{"year":2021,"cited_by_count":1},{"year":2019,"cited_by_count":2},{"year":2015,"cited_by_count":1},{"year":2013,"cited_by_count":1}],"updated_date":"2026-11-08T12:12:28.789561","created_date":"2016-06-24T00:00:00"}
