Results 91 to 100 of about 36,867 (274)

The Impact of Firm and Industry Characteristics on Small Firms' Capital Structure: Evidence from Dutch Panel Data [PDF]

We investigate small firms’ capital structure, employing a proprietary database containing financial statements of Dutch small and medium-sized enterprises (SMEs) from 2003 to 2005.
Degryse, H.A., Goeij, P. C. de, Kappert, P.   +2 more
core   +1 more source

Interdependence of government expenditure among European countries: Productivity spillover and strategic interaction

Economic Inquiry, EarlyView.
Abstract We build an endogenous growth model that distinguishes productive and welfare government expenditures and embeds fiscal externalities. The model yields three testable hypotheses: (i) productive expenditure raises growth (Barro effect); (ii) productive expenditure generates cross‐country productivity spillovers; (iii) government expenditure ...
Xiaodong Chen, Haoming Mi, Peng Zhou
wiley   +1 more source

PENGARUH PENDANAAN DEFISIT, UKURAN PERUSAHAAN, DAN PERIODE WAKTU TERHADAP LEVERAGE KEUANGAN DI BURSA EFEK INDONESIA: PENGUJIAN TEORI PECKING ORDER [PDF]

, 2014
Penelitian ini bertujuan untuk melihat pengaruh variabel dependen leverage keuanganterhadap pendanaan defisit, ukuran perusahaan, dan periode waktu dengan pengujianteori pecking order.
ODILIA ADHITA MARESA
core  

Financial Statement Readability and Firm Debt Choice

Financial Management, EarlyView.
ABSTRACT Examining more than 16,000 firm‐year observations in the United States, we provide novel evidence showing that higher financial statement readability leads to a decrease in information asymmetry and the need for external monitoring, thereby reducing the reliance on bank debt relative to public debt.
Wajih Abbassi, Hamdi Ben‐Nasr, Sabri Boubaker, Arman Eshraghi   +3 more
wiley   +1 more source

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
core   +2 more sources

Geopolitical Risk and Domestic Bank Deposits

Financial Management, EarlyView.
ABSTRACT We investigate the relationship between global geopolitical risk and bank deposit flows across a wide panel of European countries. Motivated by the pivotal role of deposit stability for financial intermediation and systemic resilience, we explore whether geopolitical shocks alter depositors’ portfolio choices.
Dimitris Anastasiou, Theodore Kapopoulos, Steven Ongena, Athanasios Sakkas   +3 more
wiley   +1 more source

Capital structure strategies through the lens of ESG: assessing trends between Brazil and China

Revista Ambiente Contábil
Objective: 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 , Brunna Mendonça Braga, Clóvis Fiirst, Gilmar Ribeiro de Mello   +3 more
doaj   +1 more source

Optimal Capital Structure Vs. Pecking Order Theory: A Further Test

Journal of Business & Economics Research (JBER), 2011
In this paper we have used the Compustat data-set covering 1983-2003 to test empirically whether a firms' capital structure follows "optimal capital structure" or” pecking order theory"(POT) as advanced by Professor Stewart Myers. Using the industry mean as a predictor of a firm's capital structure, we have found that in general, a firm's debt level is
Arvin Ghosh, Francis Cai
openaire   +2 more sources

Using the Diet Composition of Adult Chinook Salmon to Understand the Regional Structure of Salish Sea Forage Communities

Fisheries Oceanography, EarlyView.
ABSTRACT Small pelagic fish and other forage species are patchily distributed over space and time, resulting in variable foraging conditions experienced by their predators. The high‐resolution data necessary to understand the spatiotemporal structure of forage communities are challenging to collect with expensive fishery‐independent surveys, meaning ...
Wesley L. Greentree, William D. P. Duguid, Micah J. Quindazzi, Bridget Maher, Francis Juanes   +4 more
wiley   +1 more source

The Pecking Order Theory: Evidence from Listed Firms in Nigeria

International Finance and Banking, 2015
Pecking order theory of capital structure demonstrates how managers could reduce inefficiency in the presence of information asymmetry in the source of finance. This study aims at a critical evaluation of the relevance of pecking order theory to firms, using the panel data of the listed firms on the Nigerian Stock Exchange.
Felix Babatunde Dada, Ben Ukaegbu
openaire   +2 more sources