Firms with lower leverage are not only less likely to experience financial distress but are also better positioned to acquire assets from other distressed firms. With endogenous asset sales and values, each firm's debt choice then depends on the choices of its industry peers. With indivisible...

The importance given to the problem of capital structure comes from the influence of debts on return on equity and the financial risk induced by debts. This paper is actually an analysis of the evolution of financial risk on the construction sector during 2001 – 2011 on a sample of 11...

Tyrimo objektas – akcinių bendrovių kapitalo struktūros formavimas.Tyrimo tikslas – įvertinti verslo bei finansinės rizikos suderinamumą, formuojant ir valdant Baltijos šalių akcinių bendrovių kapitalo struktūrą.Tyrimo uždaviniai:• ištirti įmonės kapitalo struktūros...