. The static tradeoff theory of capital structure hypothesizes that firms have a target leverage which optimizes firm value … rate firms as if their capital structure decisions are consistent with the tradeoff theory.In the third and final essay, I …

the case where only standard financial contracts are available. The theory explains why bankruptcy law should, in some … besseren Firmen die Eigner und die Gläubiger gemeinsam über das Fortbestehen der Firma entscheiden sollten. Die Theorie kann …

Using panel data methodology, the determinants of capital structure in 34 Australia listed property trusts (A … lower gearing levels. The signs of the determinants show that both pecking order theory and the trade-off theory are at work … in explaining the capital structure of A-REITs, although more evidence exists to validate the latter theory. The study …

between the investment decisions of firms and their cost of financing. Recent empirical work using panel data documents that …

unbalanced panel data set of distressed and healthy firms. It is found that the adjustment parameters are different in the short …

theJohannesburg Securities Exchange Limited (JSE) or their focus was predominantlyon the theory of capital structure applied by South … firms included in the studyoverall, lean more towards the pecking order theory than towards the trade-offtheory.Based on … wil dit blyk dat die firmas in die studie oor diealgemeen meer leun na die pikorde-teorie ("pecking order theory") as na …