De Wet, Lambert HGossel, SJ2016-02-232016-02-232015-12De wet, L and Gossel, SJ. South African Capital Structure Decisions: A Survey of Listed Companies. Journal of African Business, vol. 17 (1)1522-8916http://hdl.handle.net/10204/8407Copyright: 2015 Taylor & Francis. Due to copyright restrictions, the attached PDF file only contains the post print version of the full text item. For access to the full text item, please consult the publisher's website. The definitive version of the work is published in Journal of African Business, vol. 17 (1), pp 21This paper explores the factors that influence capital structure decisions in South Africa from the perspective of the Chief Financial Officer (CFO). The results of a survey of 33 CFOs of JSE listed companies find that South African CFOs are equally likely to follow the Pecking Order and Static Trade-Off theories. However, small companies are more likely to follow the Pecking Order theory while large companies are more likely to follow the Static Trade-Off theory. In addition, the results show that South African companies are more likely to follow the Static Trade-Off theory than companies in other emerging countries.enCapitalCost of CapitalCorporate FinanceSouth AfricaSurveyArticleDe Wet, L. H., & Gossel, S. (2015). South African Capital Structure Decisions: A Survey of Listed Companies. http://hdl.handle.net/10204/8407De Wet, Lambert H, and SJ Gossel "South African Capital Structure Decisions: A Survey of Listed Companies." (2015) http://hdl.handle.net/10204/8407De Wet LH, Gossel S. South African Capital Structure Decisions: A Survey of Listed Companies. 2015; http://hdl.handle.net/10204/8407.TY - Article AU - De Wet, Lambert H AU - Gossel, SJ AB - This paper explores the factors that influence capital structure decisions in South Africa from the perspective of the Chief Financial Officer (CFO). The results of a survey of 33 CFOs of JSE listed companies find that South African CFOs are equally likely to follow the Pecking Order and Static Trade-Off theories. However, small companies are more likely to follow the Pecking Order theory while large companies are more likely to follow the Static Trade-Off theory. In addition, the results show that South African companies are more likely to follow the Static Trade-Off theory than companies in other emerging countries. DA - 2015-12 DB - ResearchSpace DP - CSIR KW - Capital KW - Cost of Capital KW - Corporate Finance KW - South Africa KW - Survey LK - https://researchspace.csir.co.za PY - 2015 SM - 1522-8916 T1 - South African Capital Structure Decisions: A Survey of Listed Companies TI - South African Capital Structure Decisions: A Survey of Listed Companies UR - http://hdl.handle.net/10204/8407 ER -