Capital market research usually focuses on the investment decision of a risk-averse investor, who determines the relationship between risky assets and risk-free investment. Furthermore, numerous capital market models assume normally distributed security returns and rational investors. In this...

This study examines the relationship between financing decisions such as capital structure, capital budgeting techniques and dividend policy along with the firm's attributes. We examined the impact of industrial sectors and financial performance using the panel data of 80 listed companies in...

We test whether the impact of financial constraints on firm value is observable in assetquot; returns. We form portfolios of firms based on observable characteristics related to financialquot; constraints, and test for common covariation in the stock returns of these firms. Using severalquot;...