Managing the Gap Between Actual and Target Capital Structure: An Evidence from Pakistan [PDF]
Journal of Management and Research, 2015 Investment framework is one of the most significant components that impact the company’s value. Reliable funding choices for a company generally lead to a capital structure that increases the firm’s value (Abor, 2006). Early studies provide contradictory
Abdul Rafay +2 more
doaj
, 2020 This paper identifies factors determining capital structure and estimates the speed at which firmsadjust to optimal debt in Malaysian and Indonesian manufacturing firms. It uses the difference Generalized Method of Moments (GMM) estimator and the partial
Mir Muhammad Shah Syed; Sukkur IBA University +3 more
core
The Impact of Accounting Conservatism and Managerial Attributes on Capital Structure Rebalancing: Evidence from Egypt [PDF]
المجلة العلمية للبحوث التجارية - جامعة المنوفيةThis study investigates the impact of accounting conservatism and managerial attributes on the Speed of Adjustment (SOA) toward the optimal capital structure in Egyptian firms.
hanaa elhabashy +1 more
doaj +1 more source
Bond covenants and the speed of corporate capital structure adjustment : evidence from China [PDF]
We investigate the effect of bond covenants on the speed of corporate capital structure adjustment. Based on manually collected bond covenant information from publicly listed Chinese firms between 2007 and 2019, we construct an index that measures the ...
Zhang, Xueying +3 more
core +1 more source
Capital structure dynamics of US-based multinationals (MNCs) and domestic (DCs) firms
, 2012 This thesis is an empirical investigation of three related capital structure dynamics of US-based multinationals and their domestic counterparts. Specifically, the thesis examined whether there are differences in capital structure adjustment speed ...
Camara, Omar
core
Assessing The Influence Of Ownership Structure And Board Diversity On Capital Structure Adjustment Speed: Evidence From Malaysia [PDF]
, 2022 This study estimates the adjustment speed towards target capital structure based on 237 non-financial firms listed on Bursa Malaysia for the period of 2012-2017.
Ibrahim, Hanis Adiela
core
Capital structure dynamics in private business groups. [PDF]
Dynamic models of capital structure assume that companies trade-off the advantages of a leverage adjustment and its costs. In general, private companies are assumed to face large adjustment costs, and should have lower financing flexibility.
Dewaelheyns, Nico, Van Hulle, Cynthia
core
Adjustment speed towards target capital structure and its determinants in Pakistan [PDF]
, 2015 This study investigates the dynamism of the capital structure of the non-financial listed firms in Pakistan for the period from 2003 to 2012. Specifically, the main objectives of the study are to estimate the adjustment speed towards target capital ...
Memon, Pervaiz Ahmed
core
Effects of credit rating changes on capital structure of Latin American firms
Revista de Contabilidade e Organizações, 2019 This study investigates whether non-financial Latin American firms adjust their capital structure in order to maintain certain rating levels. The credit rating-capital structure (CR-CS) hypothesis suggests that firms assume less debt after rating ...
Thiago Botta Paschoal +2 more
doaj +1 more source
Speed of adjustment towards target capital structure in mergers and acquisitions
, 2021 In this thesis, the speed of adjustment (SOA) toward target capital structure is investigated in different merger and acquisition (M&A) deals. Determining, maintaining a target capital structure and rebalancing if deviated from the target leverage range, are major issues faced by managers.
openaire +2 more sources