Results 11 to 20 of about 9,435,066 (302)
A REVIEW OF THE CAPITAL STRUCTURE THEORIES [PDF]
Annals of the University of Oradea: Economic Science, 2009 In this paper the authors survey capital structure theories, from the start-up point, which is considered Modigliani and Miller’s capital structure irrelevance theorem, to recent theories, such as the pecking order and the market timing theory.
Popescu Luigi, Visinescu Sorin
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A regret theory of capital structure [PDF]
Finance Research Letters, 2015 Abstract This paper examines the optimal capital structure of a firm that delegates its financing decision of a risky project to a manager who is both risk averse and regret averse. Regret aversion is characterized by a utility function that includes disutility from having chosen ex-post suboptimal alternatives.
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Relevance of Capital Structure Theories in the Service Sector
Theory, Methodology, Practice, 2017 The aim of this study is to examine the relevance of capital structure theories in the Hungarian service sector between 2008 and 2014. The service sector stands in the centre of research, as the role of this sector is becoming more and more important ...
Judit Szemán
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Determinanty struktury kapitałowej w teoriach substytucji
Studia i Materiały, 2012 he goal of this article is identification and estimation of the influence of chosen determinants on corporate capital structure according to the trade-off theories (i.e. bankruptcy cost theory and agency cost theory).
Marek Barowicz
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A causal approach to test empirical capital structure regularities
Journal of Finance and Data Science, 2022 Capital structure theories are often formulated as causal narratives to explain which factors drive financing choices. These narratives are usually examined by estimating cross–sectional relations between leverage and its determinants.
Simone Cenci, Stephen Kealhofer
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Capital Structure Analysis – Theories and Determinants Validation Based on Evidence from the Czech Republic [PDF]
, 2023 The optimal capital structure is a key precondition for business, even though the task of defining the optimal capital structure can be difficult. Previous studies present many different and mutually contradictory factors that should be considered with ...
Honková, Irena, Heckenbergerová, Jana
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Capital Structure in Small Manufacturing Firms: Evidence from the Data
The Journal of Entrepreneurial Finance, 2006 This article examines theories of capital structure pertaining to small firms and looks at the capital structure of small to mid-sized manufacturing firms within the context of those theories.
Susan Coleman
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A general equilibrium theory of banks' capital structure [PDF]
Journal of Economic Theory, 2020 zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Douglas Gale, Piero Gottardi
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Empirical Capital Structure Research: New Ideas, Recent Evidence, and Methodological Issues [PDF]
, 2008 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
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CAPITAL STRUCTURE THEORIES AND LEVERAGE BEHAVIOUR OF PAKISTANI FIRMS
JISR Management and Social Sciences & Economics, 2015 This study examines the applicability of two competing capital structure theories; i.e., Pecking Order Theory (POT) and Trade-Off Theory (TOT). An extensive panel dataset of 293 non-financial firms listed on the Pakistan Stock Exchange (PSX) for the ...
Saqib Sharif, Muhammad Nadeem Khan
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