Showing 1 - 10 of 1,937
Purpose – The purpose of this paper is to investigate the effect of leverage on Malaysian listed firms' value and the optimal level of debt at which a firm could maximize its value. Design/methodology/approach – The authors employ an advanced panel threshold regression estimation developed...
Persistent link: https://www.econbiz.de/10015013670
of capital structure theory with particular reference to the architecture and functioning mechanisms of the corporate … dem Hintergrund der Theorie der Unternehmensfinanzierung und im Kontext theoretischer Überlegungen zum Aufbau und zur …
Persistent link: https://www.econbiz.de/10014608859
This paper investigates the determinants of the capital structure of large corporations headquartered in the United States and Korea. We consider five explanatory variables: profit, company size, non‐debt tax shields, growth, and business‐risk, along with several industry indicator variables...
Persistent link: https://www.econbiz.de/10014931829
the Chinese overseas listed companies are listed in the USA and Hong Kong. As the institutional quality of the USA is …. Specifically, the authors argue that the better institutional environment of the USA can mitigate the information asymmetry problem … and the agency problem of financing via equity. Consequently, firms listed in the USA will rely more on equity and have …
Persistent link: https://www.econbiz.de/10014694498
. Es erweist sich, dass die Divergenz in den Wachstumsraten der USA und der EU seit 1997 fast zur Gänze auf …
Persistent link: https://www.econbiz.de/10014609054
Purpose – The purpose of this paper is to determine the impact of the passage and signing of P.L. 111-353, the Food Safety Modernization Act (FSMA), on the market value of agribusiness firms. Design/methodology/approach – The authors conduct an event study of the shareholder value effects of...
Persistent link: https://www.econbiz.de/10014667615
Purpose – The purpose of this paper is to examine the role of geographic location of research-intensive firms in the ability to generate new research and products, which consequently affects firm value. Design/methodology/approach – The authors conduct the empirical study following a...
Persistent link: https://www.econbiz.de/10014694667
Purpose – The purpose of this paper is to analyze the relationship among negative media coverage, law environment and tunneling of controlling shareholders. Design/methodology/approach – Under the Chinese especial institutional background, this paper empirically test the relationship among...
Persistent link: https://www.econbiz.de/10014694740
Purpose – The purpose of this paper is to examine the effect of corporate board size and promoter ownership on firm value for selected Indian companies. Design/methodology/approach – The study analyses the corporate governance structure of 176 Indian firms listed on the Bombay Stock Exchange...
Persistent link: https://www.econbiz.de/10014695251
Purpose – The purpose of this paper is to examine the impact of a firm’s corporate governance (CG) mechanisms on the number of financial analysts following UK firms. The potential effect of the number of analysts following firms in the UK on the association between CG mechanisms and firm...
Persistent link: https://www.econbiz.de/10014695429