Showing 1 - 10 of 110
Four essays, or chapters, model the capital structure, governance, and investment decisions as part of a sequential game. Each chapter is separate in its context, assumptions, and conclusions. The titles of the chapters are below.Abstracts of each essay or chapter can be found at the beginning...
Persistent link: https://www.econbiz.de/10009441487
This thesis investigates the determinants of the use of debt and leasing in the UK using a comprehensive measure of … debt and leases, in recognition of the link between lease and debt-type financing decisions, based on financial contracting … of simple tax proxy, the effective tax rate, leads to a spurious negative relation between debt usage and tax rates. The …
Persistent link: https://www.econbiz.de/10009465980
determinant factors of the debt structure of Brazilianagribusiness companies. It is also possible to conclude that the model …
Persistent link: https://www.econbiz.de/10009446918
finance. Various leverage measures are studied to check for the robustness of the estimated model. Total debt is then … decomposed into long-term and short-term debt to examine the determinants of different components of debt. The estimation is … is stronger on short-term borrowings than on long-term ones. Non-debt tax shields are a substitute for debt in company …
Persistent link: https://www.econbiz.de/10009461243
En este documento se investiga cómo los impuestos afectan a la movilidad relativa en la distribución de la renta en Estados Unidos. En particular, este estudio utiliza datos de hogares procedentes del PSID entre 1967 y 1996 para analizar la relación entre cambios en los tipos marginales y la...
Persistent link: https://www.econbiz.de/10012530565
(from Introduction): It is often said that if entrepreneurs are the engines that drive new companies, then financing is the fuel that propels them. The best sources of funding for the newest firms in Australia are bootstrapping (creative ways of launching a business), informal investment...
Persistent link: https://www.econbiz.de/10009437664
risk of debt-deflation and prolonged recession. Financialization operates through three different conduits: changes in the …
Persistent link: https://www.econbiz.de/10009467755
’ financial management considering high usage of debt financing, litter effort has been made. Considering the extent of hotel … firms’ financial constraints, this study examines the precautionary motive of cash holding toward external financing (debt … study tests the relation of cash to debt and cash flow. Regardless of the extent of financial constraints, cash holding is …
Persistent link: https://www.econbiz.de/10009468107
well-being. The purpose ofthis thesis is to analyze the inclusion of assets and debt in the model of one’s subjective … wellbeing.In addition, interaction effects between income and assets, and income and debt, will beexamined. Through the use of … ordered probit regressions, we find that assets and debt must beincluded in order to model one’s subjective well …
Persistent link: https://www.econbiz.de/10009468252
The dissertation deals with the optimal combination of short and long-term debt and argues that relevancy of the … each period. Therefore the tax benefits of debt and the probability of bankruptcy will be the same regardless of the … tax benefits of debt. For example, as interest rates fall, the price of the long-term bond rises. If the bond is called …
Persistent link: https://www.econbiz.de/10009472380