Results 171 to 180 of about 6,536 (198)

The syncretism of capital structure theory: An explanation from adjustment speed of capital structure

2009 16th International Conference on Industrial Engineering and Engineering Management, 2009
This paper established dynamic adjustment model of capital structure and analyzed the factors affecting the adjustment speed of capital structure. Based on the unbalanced panel data of Chinese nonfinancial listed companies from 1997 to 2006, this empirical study shows that all dynamic tradeoff theory, pecking-order theory and market-timing theory can ...
openaire   +1 more source

The influence of cash flow on the speed of adjustment to the optimal capital structure

Research in International Business and Finance, 2018
Abstract The aim of this paper is to examine the influence of cash flow on French SMEs’ speed of adjustment (SOA) to their capital structure targets. Adjusting a firm’s financial structure results in transaction costs, including information costs, bargaining costs, and monitoring costs.
Dufour, Dominique, Luu, Philippe, Teller, Pierre   +2 more
openaire   +1 more source

Speed of Adjustment Towards Target Capital Structure: An Indian Perspective

SSRN Electronic Journal, 2017
On a more positive note, Indian firms do have target debt ratios and they adjust towards their target faster over time due to higher speed of adjustment as the half-life (in years) for total debt ratio (1.50), long-term debt ratio (1.82), and short-term debt ratio (1.21) embellish amicable target points. This signifies long-term debt plays a vital role
Selva Kumar D, Dinabandhu Bag
openaire   +1 more source

Supplier Concentration and Speed of Capital Structure Adjustment

SSRN Electronic Journal, 2022
Yi Liu, Kai Wu, Sirui Ruan
openaire   +1 more source

The Speed of Adjustment of Capital Structure of Nigerian Quoted Firms

The Journal of Developing Areas
ABSTRACT: The presence of financing frictions motivates the use of dynamic panel adjustment models to describe the evolution of debt ratios and the adjustment of leverage to optimal target ratios. The purpose of this study is to investigate the pattern of capital structure and speed of adjustment of capital structure from a developing country ...
openaire   +1 more source

Effect of positive tone in MD&A disclosure on capital structure adjustment speed: evidence from China

Accounting and Finance, 2021
Qian Wang, Lina Yan
exaly  

Does digital transformation speed up dynamic capital structure adjustment? Evidence from China

Pacific-Basin Finance Journal, 2023
Sai Wang, Wen Wen, Sifei Li
exaly  

Optimal Capital Structure and Estimation of the Adjustment Speed of Capital Structure by Industry

The Journal of Korean Public Policy, 2019
Su Jin Kim, Hyun Sok Kim
openaire   +1 more source

Adjustment speed towards target capital structure and its determinants

Economic Research-Ekonomska Istrazivanja, 2021
Pervaiz Ahmed Memon, Rohani Md-Rus
exaly  

Macroeconomic risks and capital structure adjustment speed: The Chinese evidence

International Journal of Finance and Economics, 2023
Wei He, Nyonyo A Kyaw
exaly