Results 91 to 100 of about 6,536 (198)

Speed of adjustment towards target capital structure: Southeast Asia evidence

open access: yes, 2012
This study investigates on the existence of target capital structure and speed of adjustment towards the target for firms in the selected Southeast Asia countries covering Malaysia, Thailand and Singapore.
Haron, Razali, Ibrahim, Khairunisah
core  

Do stronger creditors’ rights and an efficient bankruptcy process affect the speed of adjustment to target capital structure? Evidence from a quasi-natural experiment

open access: yesCogent Economics & Finance
This study investigates the impact of the Insolvency and Bankruptcy Code (IBC) on the capital structure speed of adjustment (SOA) of Indian firms. The IBC, introduced in 2016, significantly enhanced creditors’ rights and streamlined the bankruptcy ...
Dilesh Rawal   +2 more
doaj   +1 more source

Dynamic adjustment towards target capital structure: evidence from Indian companies

open access: yes, 2010
PurposeThe purpose of this paper is to study the dynamics of capital structure in the context of Indian manufacturing companies in a partial‐adjustment framework during the period 1993‐1994 to 2007‐2008.Design/methodology/approachThis paper specifies a ...
Sulagna Mukherjee, Jitendra Mahakud
core   +1 more source

The speed of adjustment of capital structure and the long differencing estimator

open access: yes, 2017
This thesis estimates the speed of adjustment (SOA) of capital structure using the long differencing estimator and finds that firms adjust back to their target leverage at a moderate pace of 20.9% per year for book leverage and 32.3% per year for market leverage. The effect of the long differencing length k on the SOA is examined and found to cause the
Carmichael, Jarrod Anthony   +1 more
openaire   +1 more source

Fundamental Risk and Capital Structure Adjustment Speed: International Evidence

open access: yesJournal of Risk and Financial Management
This study investigates the impact of countries’ fundamental risk on the speed of adjustment (SOA) towards firms’ target capital structures. Using a dataset comprising 17,747 non-financial firms from 44 countries, this study finds that a reduction in country-specific fundamental risk significantly increases a firm’s rate of leverage adjustment.
Dilesh Rawal   +2 more
openaire   +1 more source

Macroeconomic conditions and capital structure adjustment speed

open access: yes
Using two dynamic partial adjustment capital structure models to estimate the impact of several macroeconomic factors on the speed of capital structure adjustment toward target leverage, we find evidence that firms adjust their leverage toward target ...
Tang, Tian, Cook, Douglas O.
core  

Macroeconomic Condition and Capital Structure Adjustment Speed - Evidence from the Indonesian Stock Market

open access: yes, 2013
[[abstract]]Abstract —This paper presents the impact of the macroeco-nomic condition on the speed of adjustment of capital structurefor non-financial firms listed in the Indonesian Stock Exchangefrom 1992 to 2010.
臧仕維;TZANG, SHYH-WEIR;王癸元; Kuei-Yuan Wang;Novita, Relia;Rahim, Relia Novita
core  

How do the capital structure and adjustment speed of Islamic banks differ from those of conventional banks? Evidence from the GCC region

open access: yesHumanities & Social Sciences Communications
This study investigates the leverage ratios and speed of adjustment of Islamic and conventional banks over the years 2011–2022. The study focuses on the GCC markets, where most Islamic banks’ assets are located, accounting for 60% of the global Islamic ...
Mohammad Alsharif, Faisal Alnori
doaj   +1 more source

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