The effort of this project is to provide thorough understanding of recapitalization and the significance on the capital base of a limited liability company. This project work is attempted to look into the relevant options of recapitalization. It is divided into five main chapters and each specifies the main division of the aspect of the findings, the introduction, and literature review research methodology, data presentation and conclusion. The chapters above highlighted the meaning of recapitalization, its significance on capital base and the relevant options of recapitalization i.e. capital market and merger and acquisition. The review of past authors and opinion of the respondents were sought. The data collected were analyzed using chi-square and it was recommended that the best option of recapitalization is through merger and acquisition.
1.1 Introduction
In this section, the Relevance of Recapitalization as a Means of Strengthening the Capital Base of a Limited Liability Company is discussed, with relevant and recent citations. As a prelude to other parts of this study, this chapter will discuss the background upon which this study was initiated, the statement of problems that led to this study, the aim and objectives of the study. Others are significance of the study, scope of work, research hypothesis and questions, limitation of the study and definition of terms.