that the softer competition does not force the stronger firm to enter the market at his preemption point and as a … entrance compared to the duopolist leader preemption point. Hence, one additional competitor accelerates the first market entry …

structure is path-dependent. Leverage accounts for most of the macroeconomic risk relevant for predicting defaults. The paper …

and how this interaction is affected by ownership structure. We show that firms in our sample increase their leverage … that the leverage of these firms has a positive and significant effect on regulated prices, but not vice versa, and it also … has a positive and significant effect on their investment levels. Our results are consistent with the theory that …

results. Study carried out by two of three set in the hypotheses. First, the amount of leverage and maturity there is a …

(leverage) and the term of the debt contract (debt maturity). However, little is known about the theoretical interdependence … between leverage and debt maturity. Furthermore, leverage and debt maturity are treated independently in most empirical … between leverage and debt maturity in both the Australia and the US capital markets. Our theoretical model, which builds upon …

This thesis analyses the impact of tax policy on firms' leverage ratios in a balanced panel of 129 medium-sized listed … companies from II European countries from 1993 to 2005. A general model of company leverage is applied within which King's tax … ratios are used to capture tax policy changes, controlling for non-tax influences suggested by the theory of corporate …

essay tests theoretical predictions about therelationship between leverage and firm performance set forth by thecorporate … finance literature. The dynamic relationship between firmperformance and leverage is examined empirically using theDifference … GMM method of econometric estimation. Multiple measuresof performance and leverage are utilized, controlling …

of leverage after a threshold has been reached show that, as predicted by trade-off theory, the relation between target … recapitalization. The model reproduces known relations between firm size, leverage and growth opportunities. The model predicts that … firms time capital structure adjustments to their target leverage ratios with the exercise of their growth options. Compared …

small and medium-sized companies are being taken into account. The transaction cost theory serves as the theoretical …