Results 61 to 70 of about 14,162,167 (231)
Contemporary Accounting Research, EarlyView.ABSTRACT We develop a method for estimating the private value of knowing the future realization of some financial statistics, and then we apply the measure to the familiar ratios from the DuPont decomposition of return on equity. The estimation is grounded in the standard rational expectations model, adapted to accommodate relative risk aversion, and ...
Russell Lundholm, Xin Zheng
wiley +1 more source
Signaling Credit Risk in Agriculture: Implications for Capital Structure Analysis [PDF]
Signaling is an important element in the lender-borrower relationship that influences the cost and availability of debt capital to agricultural borrowers.
Barry, Peter J. +2 more
core
Brand Capital and Leverage Adjustments
Accounting &Finance, EarlyView.ABSTRACT Using a sample of U.S. firm‐year observations, we document a positive association between brand capital and the speed of leverage adjustment. This relationship is stronger among firms that exhibit greater opacity in their information disclosure, weaker governance, and more rigid financial constraints.
Tongxia Li, Chun Lu, Lei Xu, Bo Yu
wiley +1 more source
Capital Structure: New Evidence of Optimality and Pecking Order Theory [PDF]
, 1999 In 1984, Stewart Myers proposed his Pecking Order Theory, which states that the firm has no well-defined target debt-to-value ratio, and thatfirmsin generalpreferinternal financing (first), then external debt-financing (second), and external equity ...
core +1 more source
A REVIEW OF THE CAPITAL STRUCTURE THEORIES [PDF]
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.
Visinescu Sorin, Popescu Luigi
core
Corporate financing decisions: UK survey evidence [PDF]
, 2006 Despite theoretical developments in recent years, our understanding of corporate capital structure remains incomplete. Prior empirical research has been dominated by archival regression studies which are limited in their ability to fully reflect the ...
Alan Goodacre +9 more
core +1 more source
Australian Endodontic Journal, EarlyView.ABSTRACT The aim of this study was to compare three delivery methods of a hydraulic calcium silicate cement‐based sealer by quantifying voids using the single‐cone technique. Forty‐eight human mandibular molars were instrumented and scanned using micro‐computed tomography.
Yasmina Andreani +4 more
wiley +1 more source
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.
Goeij, P. C. de +2 more
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The Anthropocene and the End of Nuclear Disaster: Normalizing the Fukushima Nuclear Accident
American Anthropologist, EarlyView.ABSTRACT This article places the concept of disaster in critical dialogue with that of the Anthropocene, which introduces new imaginaries that negatively affect the governance of crises like nuclear accidents. I argue that tropes surrounding the Anthropocene can depict certain events as apocalyptic calamities while also portraying other events as mere “
Maxime Polleri
wiley +1 more source
The Applicability of The Pecking Order Theory in The Digital Economy
Transactions on Economics, Business and Management ResearchThe Peck Order Theory (POT), proposed by Myers and Majluf in 1984, posits that firms prioritize their sources of financing based on the principle of least resistance, starting with internal financing, followed by debt, and ending with equity as a last resort. In the context of the digital economy—which is defined by new finance mechanisms and technical
openaire +1 more source