P/F/254. Dissertation. Market capitalisation

The dissertation investigates the problem of market capitalisation using several companies as a case study. The review of literature highlights the theories related to the capital structure decision, namely, the Traditional View approach, and the Modigliani and Miller (MM) propositions, the issues of financial distress, agency and debt costs, corporate ownership, information asymmetry, pecking order hypothesis (POH), etc. The methods of research are based on secondary data obtained from previous literature and Internet sources, along with primary data collected through the interviews testing the experimental model. Conclusions are made about the impacts of banking regulation and market liquidity on companies.