Abstract
ABSTRACT In this paper, we expand on the existing literature of corporate finance by analyzing the impact of corporate governance on the choice of capital structure for firms. Although other studies have analyzed this relationship, we extend the research by comparing the results across different industries such as healthcare, technology, consumer goods and industrial goods using a sample of 689 firms. The results show the relationship of corporate governance to the choice of capital is negative in the healthcare sector firms, positive in the consumer goods firms, and has no impact on technology or industrial goods firms. Keywords Corporate Finance, Corporate Governance, Capital Structure, Choice of Capital Structure
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