Narrow search
Showing 1 - 10 of 7,849
Cover Image
Dynamic Approach of Capital Structure of European Shipping Companies
Arvanitis, Stavros H.; Tzigkounaki, Irakleia S.; … - In: International Journal of Economic Sciences and Applied … 5 (2012) 3, pp. 33-63
The issue of capital structure of companies is one of the most debated problems of financial management. According to economic theory, capital structure determines the stock market value of firms and therefore their viability, while one of the most negative result of the crash of 2008 and the...
Persistent link: https://www.econbiz.de/10011310238
Cover Image
Trade-off-theory vs. pecking order theory and the determinants of corporate leverage: Evidence from a panel data analysis upon French SMEs (2002-2010)
Adair, Philippe; Adaskou, Mohamed - In: Cogent Economics & Finance 3 (2015) 1, pp. 1-11
dependent variable being the debt ratio, we apply a linear model upon a balanced panel data-set of 2,370 French SMEs over the …
Persistent link: https://www.econbiz.de/10011559144
Cover Image
Impacts of capital structure on performance of banks in a developing economy: Evidence from Bangladesh
Siddik, Md. Nur Alam; Kabiraj, Sajal; Joghee, Shanmugan - In: International Journal of Financial Studies 5 (2017) 2, pp. 1-18
performance of banks in Bangladesh. This study attempts to fill this gap. Using the panel data of 22 banks for the period of 2005 …
Persistent link: https://www.econbiz.de/10011709032
Cover Image
Heteroskedasticity in one-way error component probit models
Moussa, Richard Kouamé - In: Econometrics 7 (2019) 3, pp. 1-22
This paper introduces an estimation procedure for a random effects probit model in presence of heteroskedasticity and a likelihood ratio test for homoskedasticity. The cases where the heteroskedasticity is due to individual effects or idiosyncratic errors or both are analyzed. Monte Carlo...
Persistent link: https://www.econbiz.de/10012696250
Cover Image
The impact of capital structure on risk and firm performance: Empirical evidence for the Bucharest stock exchange listed companies
Nenu, Elena Alexandra; Vintilă, Georgeta; Gherghina, … - In: International Journal of Financial Studies 6 (2018) 2, pp. 1-29
econometric analysis, we applied multivariate fixed-effects regressions, as well as dynamic panel-data estimations (two …-step system generalized method of moments, GMM) on a panel comprising the companies listed on the Bucharest Stock Exchange. The …
Persistent link: https://www.econbiz.de/10011996117
Cover Image
Production Constraints and the NAIRU
Hall, Stephen G.; Driver, Ciaran F. - In: Economics: The Open-Access, Open-Assessment E-Journal 2 (2008) 2008-11, pp. 1-15
constraints and labour constraints. It notes the failure to incorporate this phenomenon in standard macro models. Using panel data …
Persistent link: https://www.econbiz.de/10010295309
Cover Image
An Evaluation of the Determinants of Total Factor Productivity Growth in Indian Information Technology Industry: An Application of DEA-based Malmquist Index
Das, Prosenjit - In: The Central European Review of Economics and Management … 1 (2017) 4, pp. 175-224
industry during the period from 2004-05 to 2014-15. For this purpose, a balanced panel consists of 70 IT firms has been … change (SEC). Consequently, in the second-stage, three random-effects panel regression models are considered to investigate …-effects panel model to accommodate a number of time-invariant dummy variables which would not be possible in case of a fixed …
Persistent link: https://www.econbiz.de/10012427230
Cover Image
Identification of counterfactuals in dynamic discrete choice models
Kalouptsidi, Myrto; Scott, Paul T.; Rodrigues, Eduardo … - In: Quantitative Economics 12 (2021) 2, pp. 351-403
Dynamic discrete choice (DDC) models are not identified nonparametrically, but the non-identification of models does not necessarily imply the nonidentification of counterfactuals. We derive novel results for the identification of counterfactuals in DDC models, such as non-additive changes in...
Persistent link: https://www.econbiz.de/10013189735
Cover Image
The impact of capital structure on bank profitability: evidence from Vietnam
Pham, Nam Hai; Hoang, Tri M.; Pham, Nhung Thi Hong - In: Cogent Business & Management 9 (2022) 1, pp. 1-25
panel data set of Vietnamese commercial banks from 2012 to 2018, a critical period for implementing the Prime Minister …
Persistent link: https://www.econbiz.de/10014505409
Cover Image
A continuous-time inequality measure applied to financial risk: The case of the European Union
D'Amico, Guglielmo; Regnault, Philippe; Scocchera, Stefania - In: International Journal of Financial Studies 6 (2018) 3, pp. 1-16
In this paper, we apply information theory measures and Markov processes in order to analyse the inequality in the distribution of the financial risk in a pool of countries. The considered financial variables are sovereign credit ratings and interest rates of sovereign government bonds of...
Persistent link: https://www.econbiz.de/10011996134