Al-Najjar, Basil; Hussainey, Khaled - In: Journal of Risk Finance 11 (2011) August, pp. 329-338
Purpose – This paper seeks to explore the potential drivers of corporate capital structure. Design/methodology/approach – The paper applies both fixed effects panel models and random effects tobit models to examine this issue. A sample of 379 firms is used across the period from 1991 to...