Date of Conferral
3-7-2025
Degree
Doctor of Business Administration (D.B.A.)
School
Business Administration
Advisor
Jorge Gaytan
Abstract
A lack of effective strategies to develop capital structures affects operational profit and growth. Consequently, leaders of mining companies in the Democratic Republic of Congo are concerned about the significant financial losses resulting from these deficiencies. Grounded in trade-off theory of capital structure, the purpose of this qualitative multiple case study was to explore strategies that leaders of mining companies in the Democratic Republic of Congo used to develop capital structures that enhance operational profit and growth. The participants included three business leaders from three mining companies who successfully implemented such strategies. Data were collected from semistructured interviews and company documents. Thematic analysis identified two key themes: (a) funding through overseas intercompany loans and (b) lacking autonomy to make capital structure decisions. A key recommendation is for mining company leaders to broaden their capital structures and operate as multinational companies, creating opportunities to leverage intercompany funding for growth and experience in diversified economies. The implications for positive social change include the potential to empower leaders of mining companies to succeed financially, resulting in the creation of additional jobs and the increase of the local tax base which could support infrastructure development, including schools, hospitals, and parks.
Recommended Citation
Kapompa, Pepe Kalombo, "Capital Structure Strategies for Catalyzing the Growth of Mining Companies in Developing Countries" (2025). Walden Dissertations and Doctoral Studies. 17470.
https://scholarworks.waldenu.edu/dissertations/17470
