How Long to Read The Stock Market and the Financing of Corporate Growth in Africa

By Charles Amo Yartey

How Long Does it Take to Read The Stock Market and the Financing of Corporate Growth in Africa?

It takes the average reader and 44 minutes to read The Stock Market and the Financing of Corporate Growth in Africa by Charles Amo Yartey

Assuming a reading speed of 250 words per minute. Learn more

Description

This paper examines the corporate financing pattern in Ghana. In particular, it investigates whether Singh's theoretically anomalous findings that developing country firms make considerably more use of external finance and new equity issues than developed country firms to finance asset growth hold in the case of Ghana. Replicating Singh's methodology, our results show that compared with corporations in advanced countries, the average listed Ghanaian firm finances its growth of total assets mainly from short-term debt. The stock market, however, is the most important source of long-term finance for listed Ghanaian firms. Overall, the evidence in this paper suggests that the stock market is a surprisingly important source of finance for funding corporate growth and that stock market development in Ghana has been important.

How long is The Stock Market and the Financing of Corporate Growth in Africa?

The Stock Market and the Financing of Corporate Growth in Africa by Charles Amo Yartey is 44 pages long, and a total of 11,176 words.

This makes it 15% the length of the average book. It also has 14% more words than the average book.

How Long Does it Take to Read The Stock Market and the Financing of Corporate Growth in Africa Aloud?

The average oral reading speed is 183 words per minute. This means it takes 1 hour and 1 minute to read The Stock Market and the Financing of Corporate Growth in Africa aloud.

What Reading Level is The Stock Market and the Financing of Corporate Growth in Africa?

The Stock Market and the Financing of Corporate Growth in Africa is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

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