The most reliable factors for explaining. ABSTRACT This paper examines the relative importance of many factors in the leverage decisions of publicly traded American firms from 1950 to.
Second it is likely that patterns of corporate financing decisions have changed over the decades.
Capital structure decisions which factors are reliably important. This paper examines the relative importance of many factors in the capital structure decisions of publicly traded American firms from 1950 to 2003. The most reliable factors for explaining market leverage are. Median industry leverage effect on leverage markettobook assets ratio tangibility profits log of assets and expected inflation.
25 Zeilen This paper examines the relative importance of many factors in the capital structure decisions. This paper contributes to our understanding of capital structure in several ways. First starting with a long list of factors from the prior literature we examine which factors are reliably signed and reliably important for predicting leverage.
Second it is likely that patterns of corporate financing decisions have changed over the decades. The most reliable factors are median industry leverage effect on leverage market-to-book ratio - tangibility profits - log of assets and expected inflation. Industry subsumes a number of smaller effects.
The empirical evidence seems reasonably consistent with some versions of the tradeoff theory of capital structure. Which Factors Are Reliably Important. Frank and Vidhan K.
Goyal This paper examines the relative importance of many factors in the capital structure decisions of publicly traded American firms from 1950 to 2003. The most reliable factors for explaining. Which Factors are Reliably Important.
Frank and Vidhan K. ABSTRACT This paper examines the relative importance of many factors in the leverage decisions of publicly traded American firms from 1950 to. This paper examines the relative importance of many factors in the capital structure decisions of publicly traded American firms from 1950 to 2003.
The most reliable factors for explaining market leverage are. Median industry leverage effect on leverage market-to-book assets ratio tangibility profits log of assets and expected inflation. Based on this previous study the researchers had carried out some important factors that can define the capital structure model namely profitability tangibility asset size and growth.
This paper examines the relative importance of many factors in the capital structure decisions of publicly traded American firms from 1950 to 2003. The most reliable factors for explaining market leverage are. Median industry leverage effect on leverage markettobook assets ratio tangibility profits log of assets and expected inflation.
Capital Structure Decisions. Which Factors Are Reliably Important. Frank and Vidhan K.
Goyal This paper examines the relative importance of many factors in the capital structure decisions of publicly traded American firms from 1950 to 2003. This article examines the international determinants of capital structure using a large sample of firms from 37 countries. The reliable determinants for leverage are firm size tangibility industry leverage profits and inflation.
The quality of the countries institutions affects leverage and the adjustment speed toward target leverage in. Capital Structure Decisions around the World. Which Factors Are Reliably Important.
Özde Öztekin Abstract This article examines the international determinants of capital structure using a large sam-ple of firms from 37 countries. The reliable determinants for leverage are firm size tan-gibility industry leverage profits and inflation. This paper examines the relative importance of many factors in the capital structure decisions of publicly traded American firms from 1950 to 2003.
The most reliable factors for explaining market leverage are. Median industry leverage effect on. This paper examines the relative importance of many factors in the capital structure decisions of publicly traded American firms from 1950 to 2003.
The most reliable factors for explaining market leverage are. Median industry leverage effect on leverage market-to-book assets ratio - tangibility profits - log of assets and expected inflation. Which Factors are Reliably Important.
This paper examines the relative importance of many factors in the capital structure decisions of publicly. Capital Structure Decisions around the World. Which Factors Are Reliably Important.
Özde Öztekin Abstract This article examines the international determinants of capital structure using a large sam-ple of firms from 37 countries. The reliable determinants for leverage are firm size tan-gibility industry leverage profits and inflation. CiteSeerX - Document Details Isaac Councill Lee Giles Pradeep Teregowda.
This paper examines the relative importance of many factors in the leverage decisions of publicly traded US. Firms from 1950 to 2000. The most reliable factors are median industry leverage effect on leverage market-to-book ratio - collateral profits - dividendpaying - log of assets and.
This paper examines the relative importance of many factors in the capital structure decisions ofpublicly traded American firms from 1950 to 2003. The most reliable factors for explaining market leverage are. Median industry leverage effect on leverage market-to-book assets ratio.