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Business Strategy

Does Capital Structure Matter

Does Capital Structure Matter

The capital structure of a modern corporation is, at its rudimentary level, determined by the organisational need for long-term funds and its satisfaction through two specific long-term capital sources, i.e. shareholder-provided equity and long-term debt from diverse external agencies (Damodaran, 2004). These sources, with specific regard to joint stock companies, retain their identity but assume different shapes.

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Principles and Applications of Taylorism

Principles and Applications of Taylorism

The work of Fredrick Taylor, (1856 – 1915), widely known as the founder of scientific management, has been instrumental in shaping management thought and action in diverse areas of business and industry for the major part of the 20th century.

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