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

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 … privately-controlled firms use leverage strategically to shield themselves against regulatory opportunism. …

, finance, manufacture) and determine the factors leading to the level of debt. Final working key task is to find out the … results. Study carried out by two of three set in the hypotheses. First, the amount of leverage and maturity there is a … correlation. Secondly, factors related to the debt-asset materiality of the assets and asset depreciation. Thirdly, the global …

(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 …

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 …

profitable firms have higher leverage. Firms facing low corporate tax rates choose not to issue any debt. Increases in volatility … 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 …

leverage in the Brazilian agribusiness sector using the model of Rajanand Zingales (1995). In the definition of the sample … determinant factors of the debt structure of Brazilianagribusiness companies. It is also possible to conclude that the model …

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 …