cumulative outcome of past attempts to time the equity market. Baker and Wurgler extend market timing theory to long-term capital …Baker and Wurgler (2002) define a new theory of capital structure. In this theory capital structure evolves as the … explanations. First, I retest Baker and Wurgler's theory by using insider trading as an alternative to market-to-book ratio to …

related to the effects of less-thanperfect information. Specifically, the first essay examines the return and volatility … market. From purely the standpoint of information accessibility, ADR issuers are likely to time their issues or set their …

This paper examines time-series patterns of external financing decisions and shows that publicly traded U.S, firms fund … firms' historical financing decisions. We also introduce a new econometric technique This paper examines time …

strategy leads to negative returns. Given the stock market fluctuates up and down as time progresses, analysts examine stock …

within a region and value-weight the resulting variables to test the theory in a regional context. Our positive finding on …

drivers, such as consumer demand for green power, natural gas price volatility, and wholesale market rules. …

-gas-fired generation (as opposed to coal-fired generation, for example), for several reasons: (1) price volatility has been more of a …

be stochastic, we next determine an investment threshold boundary and find that high electricity price volatility …