Cost of Capital and Economic Value Added of Small and Medium Enterprises (SMEs) in Nigeria
ABSTRACT This study examined the implications of various cost of capital on the economic value added of quoted small and medium scale enterprises in Nigeria. Specifically, three costs were identified as follows: cost of debt, cost of equity and weighted average cost of capital. The general objective was to investigate the extent to which weighted average cost of capital influences economic value added of small and medium scale enterprises while the specific objective was to examine the i...