linked employer-employee data on German start-ups we show that under constant human capital of the firms' founders …

linked employer-employee data on German start-ups we show that under constant human capital of the firms' founders …

be used to replicate movements in aggregate investment; (ii) incorporates a role for firm capital structure, which we …

and negatively correlated with the tax rate. It also predicts that firms that are farther away from their target capital …

How does access to public equity markets affect real outcomes? We examine the human capital of IPO-filing firms and how …

elevated operating disruption, increased cost of capital, and tightened financial flexibility. Our findings indicate that firms … incorporate natural disaster risk in financing decision, which is consistent with the trade-off theory of capital structure …

Noted scholars argue that (1) economic models of capital taxation have been inadequately adapted to owner …-managed enterprises and (2) capital structure researchers have used the wrong models while also improperly measuring key variables. Thus …, a model that can overcome these problems should be of interest to academics when teaching capital structure theory and …