Results 251 to 260 of about 1,409,048 (302)

The Trade-Off Theory of Corporate Capital Structure

SSRN Electronic Journal, 2020
The trade-off theory of capital structure says that corporate leverage is determined by balancing the tax-saving benefits of debt against dead-weight costs of bankruptcy. The theory was developed in the early 1970s and despite a number of important challenges, it remains the dominant theory of corporate capital structure.
Hengjie Ai, Murray Z. Frank, Ali Sanati
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Trade-off Theory vs Pecking Order Theory Revisited

Journal of Emerging Market Finance, 2012
This article empirically tests the two competing theories of capital structure: Trade-off theory against Pecking Order theory using the time series hypothesis. This study is performed for an emerging market context taking the case of Indian firms with a sample from 10 industries for the period 1990 to 2007.
Priyanka Singh, Brajesh Kumar
openaire   +1 more source

Trade-off theory and zero leverage

Finance Research Letters, 2019
Abstract This paper documents that the timing of debt issuance is important to produce zero leverage in the firms’ cross-section based on the static trade-off theory. Therefore, even basics of the trade-off theory do not contradict with zero leverage, also known as the zero-leverage mystery.
Kamal Haddad, Babak Lotfaliei
openaire   +1 more source

Expanding population edges: theories, traits, and trade‐offs

Global Change Biology, 2016
AbstractRecent patterns of global change have highlighted the importance of understanding the dynamics and mechanisms of species range shifts and expansions. Unique demographic features, spatial processes, and selective pressures can result in the accumulation and evolution of distinctive phenotypic traits at the leading edges of expansions.
Angela Chuang, Christopher R. Peterson
openaire   +2 more sources

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