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Research Article
Vol. 12, Issue 1
The Impact of Firms’ Liquidity on Capital Structure: Evidence from Listed Conglomerates in Nigeria
Extant literature revealed evidence of inconsistent outcome on the relationship between liquidity and capital structure across different economies. In order to check for settled empirical outcome which enables optimal level of gearing that ensures stable liquidity, this study examines the impact of liquidity on the capital structure of listed congl...