Frontmatter -- Foreword -- Preface -- Structure of the Book -- Additional Materials -- Acknowledgment -- Contents -- 1 Introduction -- 2 Capital Structure Theories and its Determinants -- 3 Shari’ah Compliant Equities and Capital Structure -- 4 Establishing a Framework for Comparative Analysis...

This paper explores the relationship between creditor rights and employee rights and capital structure across countries. Using country-level creditor rights index and labor rights index as a proxy for agency costs of creditors and agency costs of employees, respectively, I address the agency...

We examine the impact of two defining social characteristics (individualism and risk aversion) and their interaction with governance and firm agency problems on capital structure in the G20 countries. With a sample of roughly 13,000 firms from 1995 to 2009, we show that higher levels of...