.e. finding the right balance between equity financing and debt. Taggert (1981) shows that rate-of-return regulation creates an …) find that the firm chooses its equity and debt in order to affect the outcome of the regulatory process. As a hybrid model … where bankruptcy is merely a threat, it may be optimal to rely on extreme strategies solely financing with equity or debt. …

. By looking at 5,500 issues in the period 2005-2012, we find that the turbulence in the sovereign debt market has been a … due to the negative spillovers from the sovereign debt crisis, while German firms received a discount of 40 basis points …

Traditional capital structure theory predicts that reducing banks' leverage reduces the risk and cost of equity but …

theory. The paper shows that Croatian firm's employ debt in their capital structure close to the debt equity ratio 1:1, with … total used debt in analyzing firms. Finally, paper shows that with degree of using the cost of capital in capital …

The literature on market timing of long-term debt issuance yields mixed evidence that managers can successfully time … their debt-maturity issuance. The early results that are indicative of debt-maturity timing are not robust to accounting for … structural breaks or to other measures of debt maturity from firm-level data that account for call and put provisions in debt …

This paper investigates the impact of an Allowance for Corporate Equity (ACE) on the expected tax revenues and on the … international tax competition. Beginning with an analysis of the relation between the rate of return on equity and the interest rate … moderate decline in tax revenues. Focusing profit shifting via transfer prices, the ACE has no positive effect. Only a cut of …

We explore whether government ownership affects the cost of debt using a sample of fully and partially privatized … the credit spread, used as a proxy for the cost of debt, by three-quarters of a basis point. However, fully privatized …