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dc.contributor.authorKim, Joung-Eunen_US
dc.date.accessioned2008-12-07en_US
dc.date.accessioned2014-03-14T20:47:13Z
dc.date.available2008-12-07en_US
dc.date.available2014-03-14T20:47:13Z
dc.date.issued2008-10-06en_US
dc.date.submitted2008-10-29en_US
dc.identifier.otheretd-10292008-202447en_US
dc.identifier.urihttp://hdl.handle.net/10919/35526
dc.description.abstractCapital structure is one of the most frequent topics in the finance literature. This literature has its origins in studies of the manufacturing industry. Much of the results of this work have been applied indiscriminately to other industries without thorough validation. Only limited studies have considered financial structure in hospitality industry. The service industry is different than manufacturing industry, and even the hospitality industry is not homogeneous. The restaurant industry and lodging industry are quite different from each other. Of interest to this present study is to seek to understand how the patterns of capital structure are shaped within the context of the multi-unit casual themed restaurant industry. Restaurant industry is well known for a high bankruptcy rate. Many multi-unit restaurants exist in the casual themed restaurants strategic group in the Unites States, and many small independent restaurants are also present. The firmâ s strategic choice and its relationship with financial structure became a topic for my research. Publicly traded casual themed restaurants have been selected in this study. Hypothetically a common capital structure exists among firms within this strategic group. In this study, an investigation can consider the relationship among financial ratios as well as the uniqueness of the financial structure of the casual themed restaurants.en_US
dc.publisherVirginia Techen_US
dc.relation.haspartjoungeun.pdfen_US
dc.rightsI hereby certify that, if appropriate, I have obtained and attached hereto a written permission statement from the owner(s) of each third party copyrighted matter to be included in my thesis, dissertation, or project report, allowing distribution as specified below. I certify that the version I submitted is the same as that approved by my advisory committee. I hereby grant to Virginia Tech or its agents the non-exclusive license to archive and make accessible, under the conditions specified below, my thesis, dissertation, or project report in whole or in part in all forms of media, now or hereafter known. I retain all other ownership rights to the copyright of the thesis, dissertation or project report. I also retain the right to use in future works (such as articles or books) all or part of this thesis, dissertation, or project report.en_US
dc.subjectFinancial Ratioen_US
dc.subjectWorking Capitalen_US
dc.subjectFinancial Structureen_US
dc.subjectFirm Valueen_US
dc.subjectShort-term Debten_US
dc.subjectLong-term Debten_US
dc.subjectStrategyen_US
dc.titleStrategic Choice and Financial Structure in Casual Themed Restaurantsen_US
dc.typethesisen_US
dc.contributor.departmentHospitality and Tourism Managementen_US
thesis.degree.nameMaster of Scienceen_US
thesis.degree.levelmastersen_US
thesis.degree.grantorVirginia Polytechnic Institute and State Universityen_US
dc.contributor.committeechairOlsen, Michael D.en_US
dc.contributor.committeememberKumar, Ramanen_US
dc.contributor.committeememberKwansa, Francis A.en_US
dc.identifier.sourceurlhttp://scholar.lib.vt.edu/theses/available/etd-10292008-202447/en_US


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