Results 11 to 20 of about 62,053 (298)
Adjustment speed towards target capital structure and its determinants [PDF]
Economic research - Ekonomska istraživanja, 2020 This study examines the existence of the dynamism of capital structure in Pakistan for the period from 2003 to 2012, with specific objectives of estimating the adjustment speed and determining the factors affecting the adjustment speed towards target capital structure.
Memon, Pervaiz Ahmed +2 more
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Jurnal Bisnis dan Manajemen, 2021 This study explored the determinants of capital structure, optimal capital structure, and adjustment speed in real-estate, property, and construction firms in Indonesia.
Subiakto Soekarno +2 more
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Deviation from target debt ratio, cash flow imbalance and capital structure adjustment [PDF]
تحقیقات مالی, 2016 Most of capital structure researches have been conducted on the two dominant theories: trade-off and pecking order. Based on the trade-off theory, every firm has a target capital structure, while pecking order theory assumes that there is no target ...
Maryam Davallou, Alireza Rezaeian
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Journal of Economic and Financial Sciences, 2022 Orientation: The 2007–2008 global financial crisis (GFC) represented a negative economic shock that financially constrained most firms globally. Research purpose: This study investigated the impact of the 2007–2008 GFC on firms’ speed of adjustment (SOA)
Vusani Moyo, Demetris Markou
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Speed of Adjustment to Target Capital Structure based on Interaction between Trade-off and Pecking order Theories in TSE [PDF]
پژوهشهای تجربی حسابداری, 2016 Based on the dynamic trade-off theory, for the presence of costs of deviations from target leverage and costs of adjustments toward the target leverage, capital structure may not be necessarily compatible to the target structure, therefore, firms will ...
Manizheh Ramesheh +2 more
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Estudios Gerenciales, 2023 The objective of this article is to analyze the capital structure adjustment of Latin American firms through the pecking order and trade-off theories using a sample of 975 non-financial firms for the period 2000-2017. The results support the existence of
Jorge A. Muñoz Mendoza +5 more
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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
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PLoS ONE, 2023 It is an important measure in the reform of state-owned enterprises to improve the efficiency of capital operation by introducing non-state-owned shareholders.
Jiao Wang +3 more
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Partial Adjustment Toward Target Capital Structures
SSRN Electronic Journal, 2004 The literature provides conflicting assessments about how firms choose their capital structures, with the "tradeoff", pecking order, and market timing hypotheses all receiving some empirical support. Distinguishing among these theories requires that we know whether firms have long-run leverage targets and (if so) how quickly they adjust toward them ...
Graduate School of Business, University of Florida, Gainesville, FL 32611-7168, USA ( host institution ) +2 more
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The determinants of Sukūk issuance in GCC countries [PDF]
Islamic Economic Studies, 2020 Purpose – This paper focuses on Ṣukūk issuance determinants in Gulf Cooperation Council (GCC) countries. Given the dual characteristic of debt and equity of Ṣukūk as well as their unique benefits of social responsibility, the author questions whether the
Imene Guermazi
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