Showing 1 - 10 of 1,918
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
Traditional financial reporting usually ignores intangible assets, even though these assets play an increasingly important role in today's knowledge-based economy. As such, the valuation of intangible assets, while typically overlooked in traditional reporting, has nonetheless garnered...
Persistent link: https://www.econbiz.de/10012042924
Until recently, occupiers have ignored the financial benefits real estate can add to the value of their firms. Corporate real estate (CRE) is now on the corporate agenda and CRE executives are being challenged by shareholders and senior management to employ best practice techniques to unlock the...
Persistent link: https://www.econbiz.de/10014851829
Purpose – The purpose of this paper is to investigate the sensitivity of firm value to exchange rate (ER) movements, and the determinants of such exposure for 100 European blue chip companies over 2001-2012. Design/methodology/approach – The authors adopt a disaggregated framework that...
Persistent link: https://www.econbiz.de/10014864045
Purpose – The purpose of this paper is to document the determinants and value relevance of corporate disclosure and transparency on the Ghana Stock Exchange (GSE). Design/methodology/approach – The paper employs the Fama and French model by relating firm value to firm level characteristics,...
Persistent link: https://www.econbiz.de/10014837828
Purpose – The purpose of this paper is to investigate whether corporate governance practices and the quality of reporting are associated with firm value for public firms in Indonesia. Design/methodology/approach – The authors hypothesize that there are positive associations between firm...
Persistent link: https://www.econbiz.de/10014839419