study the relationship between the capital structure of regulated firms, regulated prices, and investments, and examine if … 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 …

The aim is to examine whether the NASDAQ OMX Baltic capital structure of listed firms is different in sectors (energy … current capital structure differences across sectors (energy, finance, manufacture).Capital structure analysis of individual … sectors includes analysis of the determinants of capital structure choice, as well as assess the latter's financial crisis on …

between leverage and debt maturity in both the Australia and the US capital markets. Our theoretical model, which builds upon … leverage-maturity relationship. The rest of the debt maturity findings suggest that the capital structure choices of local … linear leverage-maturity relationship and the traditional debt maturity theories in the US capital market to facilitate a …

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 … finance. Various leverage measures are studied to check for the robustness of the estimated model. Total debt is then …

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 …

firms time capital structure adjustments to their target leverage ratios with the exercise of their growth options. Compared … capital structure affect the two boundaries that define firms' optimal leverage ranges. Estimates of post- adjustment levels …Chapter 1 presents a model of capital structure that endogenizes investment and financial policy and has fixed costs of …

Baker and Wurgler (2002) define a new theory of capital structure. In this theory capital structure evolves as the … cumulative outcome of past attempts to time the equity market. Baker and Wurgler extend market timing theory to long-term capital … leverage. On the other hand, a naïve adverse selection model implies that negative inside information leads to lower leverage …

Using a sample of 117 Irish software companies, we examine the capital structure of new technology-based firms … outside equity to debt. The dearth of debt in the capital structure of new technology-based firms cannot be wholly explained …

bank-based financial system against a market-based one. Instead of considering the role of financial intermediaries and …