Further Evidence on Debt-Equity Choice [PDF]
Using a large sample of 5,365 European firms,we document the driving factors of debt-equity choices. Adjustments to a target debt level play a modest role except when debt exceeds an upper barrier, a result that underlines the importance of debt capacity.
André BENDER +2 more
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Effects of the compulsory indoor confinement of organic layer poultry: a dust storm! [PDF]
, 2006 In August 2005 an order was issued in the Netherlands for free range poultry to be kept indoors to prevent the introduction of avian influenza. The Animal Sciences Group of Wageningen UR (Wageningen University and Research Centre) conducted a telephone ...
Kijlstra, Aize, van der Werf, Joop
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Capital structure strategies through the lens of ESG: assessing trends between Brazil and China
Revista Ambiente ContábilObjective: This paper aims to analyze, in a comparative way, whether the adoption of Environmental, Social and Corporate Governance (ESG) practices by Brazilian and Chinese companies influences the choice of a capital structure in accordance with the ...
Daniela Cristina de Andrade +3 more
doaj +1 more source
The Determinants of Corporate Liquidity in the Netherlands [PDF]
We investigate the driving forces of corporate liquidity for a balanced panel of large Dutch non-financial firms during the period 1986-1997 using an error-correction framework.
Bruinshoofd,Allard, Kool,Clemens
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Pengaruh Struktur Aktiva, Ukuran Perusahaan, Dan Profitabilitas Terhadap Struktur Modal Emiten Sektor Telekomunikasi Periode 2000-2006: Sebuah Pengujian Hipotesis Pecking Order [PDF]
, 2008 The aim of this research is to examine pecking order hypothesis with some variables that have impact on capital structure such as asset tangibility, firm’s size, and profitability.
Hadianto, B. (Bram)
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Efek Informasi Asimetri Terhadap Kebijakan Dividen [PDF]
, 2006 This research examines the influence of asymmetric information on dividend policy using an alternative explanation of pecking order theory for a sample of manufacturing firms listed on the Jakarta Stock Exchange between 2000 and 2004.
Kusuma, H. (Hadri)
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Corporate Acquisitions and Firm-level Uncertainty: Domestic versus Cross-Border Deals [PDF]
, 2020 This paper studies the impact of corporate acquisitions on the uncertainty faced by acquiring firms. We use data for UK public companies from 2004 to 2017 and employ a matching estimator combined with difference-in-differences to control for the ...
Bai, Y., Girma, S., Riaño, A.
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PECKING ORDER VERSUS TRADE-OFF: AN EMPIRICAL APPROACH TO THE SMALL AND MEDIUM ENTERPRISE CAPITAL STRUCTURE [PDF]
In this paper, we explore two of the most relevant theories that explain financial policy in small and medium enterprises (SMEs): pecking order theory and trade-off theory.
Francisco Sogorb- Mira +1 more
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Testing Static Trade-off Against Pecking Order Models of Capital Structure [PDF]
This paper tests traditional capital structure models against the alternative of a pecking order model of corporate financing. The basic pecking order model, which predicts external debt financing driven by the internal financial deficit, has much ...
Lakshmi Shyam-Sunder, Stewart C. Myers
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The Capital Structure Decisions of New Firms [PDF]
, 2008 Based on data from the Kauffman Firm Survey, examines the funding sources of firms in their first year of operations. Highlights start-ups' reliance on external debt financing such as bank loans and credit cards, regardless of their credit ...
Alicia M. Robb, David T. Robinson
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