Showing 1 - 10 of 128
Numerous studies have discussed that even if fundamental for innovation and economic growth, SMEs are often financially more constrained than large firms. Therefore, venture capitalists are often the only available sources of financing to small and young companies. Through the analysis of a...
Persistent link: https://www.econbiz.de/10010009080
This paper used the internationalized electronic industries in the US and Taiwan from 1999 to 2008 as the subjects to compare their debt ratio and the scale of cash dividend as the reference for financing strategies and decision. The evidence showed that the debt ratio and the cash dividend...
Persistent link: https://www.econbiz.de/10010009107
credit but also if it cannot access long term finance. This paper therefore includes the maturity of the debt as an explicit …
Persistent link: https://www.econbiz.de/10010009127
The aim of the article is to present the method of establishing equity shares in weight average cost of capital (WACC), in which the value of loan capital results from the fixed assumptions accepted in the financial plan (for example a schedule of loan repayment) and own equity is evaluated by...
Persistent link: https://www.econbiz.de/10010009391
As a result of globalization trends many businesses are able to raise capital not only in their domestic market, but also abroad. Among the stock exchanges which have managed to attract foreign companies is the Warsaw Stock Exchange. Over the past few years many companies from Ukraine have...
Persistent link: https://www.econbiz.de/10009959725
Die Zinsschranke ist ein Instrument der Unternehmenssteuerreform 2008. Sie soll verhindern, dass international agierende Unternehmen ihre Gewinne über Fremdfinanzierung ins Ausland verlagern. Die Ergebnisse der vorliegenden Untersuchung sprechen dafür, dass multinationale Unternehmen...
Persistent link: https://www.econbiz.de/10010079397
Deutschland besitzt seit 1994 eine Regelung, die der Gewinnverlagerung multinationaler Konzerne mittels interner Fremdfinanzierung einen Riegel vorschieben soll. Trotz Nachbesserungen in den Jahren 2001 und 2004 war diese nach den bisherigen empirischen Untersuchungen wenig effektiv und...
Persistent link: https://www.econbiz.de/10010079417
The article aims at comparative analysis of the nature and dimensions of credit rationing on the grounds of theory of … finance. The paper identifies the essence of credit rationing through the prism of its most important endogenous and exogenous … attributes of the credit market which prevent it from achieving a state of Walrasian equilibrium, which leads to petrification of …
Persistent link: https://www.econbiz.de/10009959727
Persistent link: https://www.econbiz.de/10008382408
Persistent link: https://www.econbiz.de/10008392988