Results 11 to 20 of about 152,644 (306)
More on the Speed of Adjustment in Inventory Models [PDF]
Journal of Money, Credit and Banking, 1986 When empirical stock-adjustment models of manufacturers' inventories of finished goods are estimated, there appear to be two local minima in the sum of squared residuals functions. At one local minimum, the estimated adjustment speed is typically quite high; at the other, it is typically quite low.
Alan S. Blinder
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COVID-19 and trade credit speed of adjustment [PDF]
Finance Research Letters, 2022 This paper examines the extent to which COVID-19 affects corporate trade credit policy. We find that COVID-19 significantly accelerates US firms' convergency speed toward the target trade credit. In addition, we find that firms subject to higher ex-ante operational risk tend to adjust trade credit toward the target faster than those with fewer risk ...
Luo H.
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The Effect of Economic Uncertainty and Investment Increase on the Financial Leverage Adjustment Speed [PDF]
Pizhūhish/hā-yi ḥisābdārī-i mālī, 2023 One of the goals of firms is to optimize their capital structure. Due to transaction costs, the actual capital structure is always deviated from the optimal and cannot be immediately adjusted.
Naser Izadinia, Hasan FattahiNafchi
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Discrete Dynamics in Nature and Society, 2022 Based on the framework of the dynamic adjustment model, this paper examines the impact of dividend policies and financing strategies on the speed of capital structure adjustment and explores the relationship between dividend distribution and financing ...
Yan Zou, Qinghui Bai
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Investigating the Effects of Debt Convergence of Companies on the Speed of Capital Structure Adjustment Considering the Time Horizon [PDF]
Journal of Asset Management and FinancingThis study examined the capital structure adjustment speed between converged and non-converged companies in terms of financial leverage according to the timing of capital structure adjustment using data from companies listed on the Tehran Stock Exchange (
Sayed Mojtaba Ahmadi +2 more
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What Determines the Speed of Adjustment to the Target Capital Structure? [PDF]
, 2004 We use a dynamic adjustment model and panel methodology to investigate the determinants of a time- varying optimal capital structure. Because firms may temporarily deviate from their optimal capital structure in the presence of adjustment costs, we also ...
Wanzenried, Gabrielle, Drobetz, Wolfgang
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Capital Structure Management by Share Repurchase for Companies in Emerging Markets
Корпоративные 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
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Targeting Behavior among Indonesian Firms: Two-Step Partial Adjustment Model Analysis
Jurnal 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
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Readjusting the speed of leverage adjustment during the COVID-19 pandemic?
China 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
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Speed of information adjustment in Indian stock indices
IIMB Management Review, 2013 This study attempts to analyse the speed at which information gets incorporated into the various stock indices in India. Four alternate speed estimators viz., the AR (1) model, the ARMA (1, 1) model, the ARMA (1, X) model, and the cross-covariance ...
P. Krishna Prasanna, Anish S. Menon
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