The Effect of Economic Uncertainty and Investment Increase on the Financial Leverage Adjustment Speed [PDF]
One of the goals of firms is to optimize their capital structure. Due to transaction costs, the actual capital structure is always deviated from the optimal and cannot be immediately adjusted.
Naser Izadinia, Hasan FattahiNafchi
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Optimal Capital Structure and Leverage Adjustment Speed of European Public and Private Firms
In this research paper, the dynamic trade-off theory is tested by applying European public and private firms, since as much of the existing research remains in the US public firm context only.
Klemen Stegovec, Matjaž Črnigoj
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Capital Structure and its Adjustment Speed in Firm's Life Cycle and the Role of Profitability [PDF]
Capital structure is usually very important for companies especially when they want to finance. This subject can be affected by firm's life cycle stages and company performance.
Azam Valizadeh Larijani +1 more
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Optimum Capital Structure Adjustment Speed on Companies Listed in Indonesia Stock Exchange
This study examines the existence of adjustments in the speed of the company's capital structure to achieve an optimal capital structure in accordance with the dynamics of trade-off and other factors affecting the company's capital structure adjustment.
Suramaya Suci Kewal
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Adjustment Speed of Capital Structure: Effect of Organizational and Performance Characteristics (Comparison between Financial and Non-Financial Sectors) [PDF]
Financing decisions such as capital structure have gained much attention in literature of financial development over the last decade. Capital structure deviations from its optimal level can occur for various reasons.
Saeed Dehghan Khavari +3 more
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The Speed of Adjustment Capital Structure in The Perspective of Structure-Conduct-Performance Theory
Main Purpose - The research objective is to explain the factors that determine the speed of capital structure adjustment based on market concentrations on profitability, company growth, liquidity, exchange rates and inflation.Method - The research method used is the explanatory method with a causality approach. The unit of analysis for this research is
Heryana, Toni +2 more
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Speed of Adjustment to Target Capital Structure based on Interaction between Trade-off and Pecking order Theories in TSE [PDF]
Based on the dynamic trade-off theory, for the presence of costs of deviations from target leverage and costs of adjustments toward the target leverage, capital structure may not be necessarily compatible to the target structure, therefore, firms will ...
Manizheh Ramesheh +2 more
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Group Finance Companies and Dynamic Adjustment of Capital Structure of Related Listed Companies
Using the data of all A-share listed companies from 2009 to 2018, we find that the group finance companies inhibit the dynamic adjustment speed of capital structure to their optimal level of the related listed companies.
Huan Dou, Sheng Fan, Shangkun Liang
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Speed of Adjustment of Capital Structure in Emerging Markets
Speed of Adjustment (SOA) is a concept well studied in the area of capital structure. The concept is premised upon the fact that firms have a target capital structure for the next year and strive to achieve this target; the rate at which it attempts to achieve this target is called SOA.
Bharath Supra +3 more
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Dynamic process of capital structuring in Vietnamese companies
This study explores the adjustment process of capital structure using dynamic model, by which capital structures are adjusted towards optimal level, and cost of adjustment has impacts on dynamic adjustment speed of capital structure ...
Lưu Chí Cường, Nguyễn Thu Hiền
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