Showing 1 - 10 of 1,808
Summary The study examines the balance sheet structures of both French and west German incorporated firms in manufacturing and their evolution during the last business cycle in the late eighties and early nineties. The point of departure is to focus op the relative importance of the different...
Persistent link: https://www.econbiz.de/10014608859
Purpose – The purpose of this paper is to explain how family firm ownership and management control affect corporate … to examine how family firm governance factors affect other firm behaviors such as investment, risk management, and CEO … compensation. Practical implications – Practitioners should consider family ownership and management control factors when …
Persistent link: https://www.econbiz.de/10014864930
This article examines the explanation power of the pecking order and target adjustment models on 148 Borsa Istanbul (BIST) firms' capital structure over the period of 2005 to 2015. The article also estimates the speed of adjustment (SOA) to the targeted leverage level. Although a firm's capital...
Persistent link: https://www.econbiz.de/10012043620
Abstract This paper employs a novel firm-level dataset that combines financial accounts of German firms with data from a business survey to shed new light on the demand for capital. The empirical analysis employs firm-specific indicators in order to explore the effects of sales, the cost of...
Persistent link: https://www.econbiz.de/10014609922
The authors present a series of variables driving corporate real estate strategy and discuss their interaction, with examples. Capital structure, geographical diversity, product and service lines and corporate culture can combine to create strategy, and strategy can be directed to affect any of...
Persistent link: https://www.econbiz.de/10014851723
Purpose – The purpose of this study is to examine the determinants of capital structure decisions of small and medium enterprises (SMEs) in Ghana. The issue is very relevant considering that SMEs have been noted as important contributors to the growth of the Ghanaian economy....
Persistent link: https://www.econbiz.de/10014863193
Purpose The purpose of this paper is to grasp the effect of familiness on capital structure decisions in family firms, as family firm identity may be an important source of competitive advantage due to its potential to moderate relationships with stakeholders such as banks....
Persistent link: https://www.econbiz.de/10014865018
decision” or one of the subcategories: capital structure, investment decision, capital budgeting, working capital management or …
Persistent link: https://www.econbiz.de/10014865071
Purpose – The purpose of this paper is to study the effect of changes in creditors' priority defined by the bankruptcy law on firms' capital structure. Design/methodology/approach – Taking advantage of the Brazilian bankruptcy law reform as an experiment and using publicly traded firms'...
Persistent link: https://www.econbiz.de/10014866814
Purpose – The purpose of this study is to examine the impact of corporate governance mechanisms on corporate financial decisions in one of the emerging economies, United Arab Emirates (UAE). In particular, the paper examines the degree to which internal corporate governance mechanisms and an...
Persistent link: https://www.econbiz.de/10014837810