Results 1 to 10 of about 138,968 (264)

Speed of adjustment: Evidence from Borsa Istanbul

open access: yesBorsa Istanbul Review, 2014
In this study, we investigate the speed of adjustment for leverage ratios of firms listed on Borsa Istanbul, in order to investigate the prediction of the trade-off theory, regarding capital structure rebalancing.
Emrah Arioglu, Koray Tuan
doaj   +3 more sources

Managers’ Overconfidence and Cash Holdings Speed of Adjustment [PDF]

open access: yesJournal of Asset Management and Financing, 2021
Firms try to bring their cash holdings ratio closer to the optimal ratio. The adjustment speed of actual cash holdings to achieve the target depends on several factors.
Abbas Aflatooni   +2 more
doaj   +1 more source

Determinants of Stock Market Indices: An Analysis of Emerging Markets of Brazil, Mexico, Russia, and Turkey

open access: yesEmerging Markets Journal, 2022
This paper investigates the dynamic relationship between the stock market index and a set of macroeconomic variables in four emerging countries. The dependent variable measures monthly stock exchange points of respective markets from January 2010 to ...
Hülya Yılmaz, Bülent İlhan
doaj   +1 more source

Dividend behaviour: Different market segmentations

open access: yesForum Scientiae Oeconomia, 2021
This research explores the dynamics of dividend behaviour of Lintner’s model in three distinct regimes with three different market segmentations, namely Singapore, Malaysia, and Saudi Arabia.
Nor Anis Shafai   +4 more
doaj   +1 more source

Capital Structure Adjustment Speed in Indonesia: Does Sharia Compliance Matter?

open access: yesShirkah, 2022
Leverage Speed of Adjustment (henceforth SOA) has previously been studied by researchers; however, the examination of its connection with sharia law has been overlooked.
Arum Pujiastuti   +3 more
doaj   +1 more source

Dynamic Capital Structure Adjustment: Which estimator yields consistent and efficient estimates?

open access: yesJournal of Economic and Financial Sciences, 2016
The partial adjustment model is key to a number of corporate finance research areas. The model is by its nature an autoregressive-distributed lag model that is characterised by heterogeneity among individuals and autocorrelation due to the presence of ...
Vusani Moyo
doaj   +1 more source

Capital Structure Management by Share Repurchase for Companies in Emerging Markets

open access: yesКорпоративные финансы, 2018
According to foreign research into developed markets, share repurchasing influences the speed of adjustment of compa-nies’ capital structure to the target level.
Julia Kulik, Svetlana Makarova
doaj   +1 more source

Determinants of Dynamic Capital Structure and the Speed of Adjustment to Optimal Leverage: A Study on Financial Institutions in Turkey

open access: yesİstanbul İktisat Dergisi, 2022
This study examines whether financial institutions in Turkey revise target debt ratios when determining capital structures,in addition to investigating the speed of adjustment to optimal capital structure in the presence of adjustment costs.
Hülya Yılmaz
doaj   +1 more source

Targeting Behavior among Indonesian Firms: Two-Step Partial Adjustment Model Analysis

open access: yesJurnal Dinamika Manajemen, 2019
In this research, we tested the heterogeneity of speed of adjustment toward target leverage among industries on the Indonesian stock exchange by using two-step partial adjustment model.
Dwi Cahyaningdyah
doaj   +1 more source

Readjusting the speed of leverage adjustment during the COVID-19 pandemic?

open access: yesChina Accounting and Finance Review, 2023
Recognizing the severity of COVID-19 on the US economy, the authors investigate the behavior of US-listed firms towards leverage speed of adjustment (SOA) during the pandemic.
Augustine Tarkom, Xinhui Huang
doaj   +1 more source

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