Eldomiaty, Tarek Ibrahim; Badawy, Ahmed; Fikri, Ahmed - In: International Journal of Economics and Business Research 8 (2014) 1, pp. 93-124
This study examines the relative speed of adjustments of debt ratios and explanatory powers of three groups of determinants of capital structure: firm-specific, country-wide and industry-wide. The sample includes non-financial firms listed in the DJIA and NASDAQ for quarterly periods 1992-2010....