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This paper incorporates the cost of adjustment between observed and optimal leverage in explaining the variation in firm's equity or bank-debt financing investments. Using a dynamic adjustment approach identifies the determinants to capital structure between different financial systems. In...
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This paper incorporates the cost of adjustment between observed and optimal leverage in explaining the variation in firm?s equity or bank-debt financing investments. Using a dynamic adjustment approach identifies the determinants to capital structure between different financial systems. In...
Persistent link: https://www.econbiz.de/10010298124
The availability of new internationally-harmonized innovation survey data collected from OECD countries has created … some interesting opportunities for studying the following two key areas: (1) the determinants of innovation behavior at … firm level, and (2) innovation as an important factor contributing to the economic growth. This paper looks at the …
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