Showing 1 - 10 of 1,054
The objective of this article is to analyze the impact of capital structure on profitability. This impact can be … structure on profitability. The empirical analysis allowed us to distinguish three different groups of sectors: for the first … group (industry, energy and service), the capital structure has no impact on profitability. The second group, containing …
Persistent link: https://www.econbiz.de/10011107505
The objective of this article is to analyze the impact of capital structure on profitability. This impact can be …). We show that capital structure has no influence on the profitability of French firms, regardless the size of the company …
Persistent link: https://www.econbiz.de/10011110994
This article aims to expand existing empirical knowledge on the impact of debt level on profitability of companies. We … the generalized method of moments (GMM), that debt affects negatively on the profitability, but this effect is negligible … and sometimes insignificant according to the ratio of profitability used (Prof1, Prof2 or ROA). Furthermore, we find …
Persistent link: https://www.econbiz.de/10011108803
This article aims to expand existing empirical knowledge on the impact of debt level on profitability of companies. We … 2006. By using the generalized method of moments (GMM), we show that the debt affects negatively the profitability, not …
Persistent link: https://www.econbiz.de/10011109437
Current study aims to provide new empirical evidence on the impact of debt on corporate profitability. This impact can … (GMM) econometric technique on three measures of profitability ratio (PROF1, PROF2 and ROA), we show that debt ratio has no … effect on corporate profitability, regardless of the size of company (VSEs, SMEs or LEs). …
Persistent link: https://www.econbiz.de/10011110894
This article aims to analyze the effect of debt on the profitability. This impact can be explained by three essential …, by using the generalized method of moments (GMM), that the debt affects negatively the profitability, not only linearly …
Persistent link: https://www.econbiz.de/10011112317
The aim of our research is to study the association between observed leverage and a set of explanatory variables, using panel data analysis to establish the determinants of a time varying optimal capital structure from new high-tech firms over the period 1998-2002, and to explore whether the...
Persistent link: https://www.econbiz.de/10009019717
tangibility, size, growth opportunities, profitability and non-debt tax shields. Our main results reveal that there is a negative …
Persistent link: https://www.econbiz.de/10011113311
By examining the impact of capital regulation on bank risk-taking using a local estimation technique, we are able to …. Subsequently, using this information on the bank-level responses to capital regulation, we examine the sources of heterogeneity …. The findings suggest that the impact of capital regulation on bank risk is very heterogeneous across banks and the sources …
Persistent link: https://www.econbiz.de/10008490462
This paper examines the simultaneous relationship between bank capital and risk. A model is set up which assumes that …
Persistent link: https://www.econbiz.de/10009151556