Aybars, Aslı; Ataünal, Levent - In: International Journal of Corporate Finance and … 4 (2017) 1, pp. 1-15
(BIST) firms' capital structure over the period of 2005 to 2015. The article also estimates the speed of adjustment (SOA) to … the targeted leverage level. Although a firm's capital structure is jointly determined by both theories, target adjustment …