Showing 1 - 10 of 3,058
We use a dynamic framework and panel methodology to investigate the determinants of a firms' time-varying capital structure. Our sample comprises 706 European firms from France, Germany, Italy and the U.K. over the period from 1983 to 2002. If capital structure adjustment is costly, firms may...
Persistent link: https://www.econbiz.de/10011390623
speaks the language of religious, political and/or mandated CSR. India, in recent times came into the limelight with its …
Persistent link: https://www.econbiz.de/10014545935
This study examines the utilization of iron ore in India. It takes into account thesignificant reserves of iron ore in … India and allays fears that the country's steel industrywill run out of iron ore resources if exports continue at the … betweenproduction and consumption of lumps and fines as nearly 80 of exported ores are fineswhich are not adequately used in India. This …
Persistent link: https://www.econbiz.de/10011807613
This paper investigates the empirical evidence on determinants of financing decisions on the pool of respondents among financial managers of Czech firms. The theoretical section provides an overview of prominent contemporary theories on capital structure. Employing Chi-square Sign Test and Logit...
Persistent link: https://www.econbiz.de/10010322315
We consider the tax advantage of an increase in the firms leverage under the German tax code. The analysis is performed (i) for the case of a given investment and future dividend policy and (ii) to decide on the relative tax advantage of debt versus equity for funding new investments. We start...
Persistent link: https://www.econbiz.de/10011558817
Tax planners often choose debt over equity financing. As this has led to increased corporate debt financing, many countries have introduced thin capitalization rules to secure their tax revenues. In a general capital structure model we analyze if thin capitalization rules affect dividend and...
Persistent link: https://www.econbiz.de/10010421339
In this work we investigate two crucial dimensions of firms' structure and dynamics, that is profitability and productivity performance. The empirical distributions and the associated persistence over time are explored through a set of parametric and non parametric exercises performed on an...
Persistent link: https://www.econbiz.de/10010328632
This paper analyzes the relationship between capital structure, corporate taxation and firm age. We adapt a standard model of optimal capital structure choice under corporate taxation, focusing on the financing and investment decisions a young firm is typically faced with. Our model allows to...
Persistent link: https://www.econbiz.de/10010293406
This paper analyses the relationship between corporate taxation, firm age and debt. We adapt a standard model of capital structure choice under corporate taxation, focusing on the financing and investment decisions a firm is typically faced with. Our model suggests that the debt ratio is...
Persistent link: https://www.econbiz.de/10011435351
Persistent link: https://www.econbiz.de/10011422205