Results 21 to 30 of about 6,536 (198)
This study explored the determinants of capital structure, optimal capital structure, and adjustment speed in real-estate, property, and construction firms in Indonesia.
Subiakto Soekarno +2 more
doaj +1 more source
Speed of Adjustment Capital Structure
The aim of this study is to analyze the effect of company size variables, asset growth, asset structure and business risk against capital structure adjustment speed with dynamic approach. The number of samples in this study was 63 companies by using purposive sampling method.
Arief Yulianto, Ely Yulianita Sibuea
openaire +2 more sources
Target Capital Structure and Adjustment Speed in Asia [PDF]
AbstractStudies on the capital structure of Asian corporations are rare, and most of those studies support different explanations of financing decisions compared to the ones accepted for theUSAand Europe. We test relationships that are typical of the Tradeoff Theory and the Pecking Order Theory, and analyze the speed of adjustment toward target capital
Getzmann, André +2 more
openaire +2 more sources
Institutional Determinants of Capital Structure Adjustment Speeds
Abstract Many authors relate a firm's performance to legal and political features and the regulatory environment in which it operates. This article compares firms' capital structure adjustments across countries and investigates whether institutional differences help explain the variance in estimated adjustment speeds. We find that legal and financial
unknown ( host institution ) +1 more
openaire +2 more sources
Dynamics of speed of leverage adjustment and financial distress in the Indian steel industry
Business managers strive to attain the optimal capital structure (OCS), which allows them to raise capital at a minimal cost, thereby maximising their returns. Balancing risk and reward is crucial in determining the target capital structure.
Mohd Abdullah +6 more
doaj +1 more source
What Determines the Speed of Adjustment to the Target Capital Structure? [PDF]
We use a dynamic adjustment model and panel methodology to investigate the determinants of a time- varying optimal capital structure. Because firms may temporarily deviate from their optimal capital structure in the presence of adjustment costs, we also ...
Wanzenried, Gabrielle, Drobetz, Wolfgang
core +1 more source
Empirical Capital Structure Research: New Ideas, Recent Evidence, and Methodological Issues [PDF]
Even 50 years after Modigliani/Miller’s irrelevance theorem, the basic question of how firms choose their capital structure remains unclear. This survey paper aims at summarizing and discussing corresponding recent developments in empirical capital ...
Elsas, Ralf, Florysiak, David
core +2 more sources
Drought Risk, Capital Structure, and Adjustment Speed: The Moderating Role of Operating Cash Flows [PDF]
Objective Drought, as one of the natural disasters, has economic, social, and environmental impacts on various aspects of human life. One of its economic consequences is its impact on corporate capital structure decisions.
Golnaz Eshaghi +2 more
doaj +1 more source
Effects of Entropy of Financial Statements on the Adjustment Speed of Capital Structure [PDF]
The companies with low entropy of financial statements, due to lower information risk and investor confidence, have lower financing costs. These companies have more operational action in achieving optimal capital structure.
Amirhossein Taebi Noghondari (Ph.D) +2 more
doaj +1 more source
Capital Structure Management by Share Repurchase for Companies in Emerging Markets
According to foreign research into developed markets, share repurchasing influences the speed of adjustment of compa-nies’ capital structure to the target level.
Julia Kulik, Svetlana Makarova
doaj +1 more source

