Showing 1 - 10 of 1,325
Persistent link: https://www.econbiz.de/10011695703
This paper empirically examines the significance of credit ratings for optimal capital structure decisions. Non-financial Asian listed companies, evaluated by Standard and Poor's, are selected from 2000 to 2016. Panel data analysis with pooled ordinary least square (OLS), fixed effect (FE), and...
Persistent link: https://www.econbiz.de/10011996078
This study examined whether family-owned firms have advantages for accessing external financial sources for growth …; however, family-owned firms might have some advantages in this regard over nonfamily firms. Unlike previous studies, this … study considered that, in the Turkish context, nonfamily firms are financially constrained while family firms are not. To …
Persistent link: https://www.econbiz.de/10012602861
Agricultural income volatility has become a major hurdle for Irish farmers and policymakers to overcome in their drive to increase investment, production and ultimately income in the sector. This paper studies data from 927 farms in the Teagasc National Farm Survey between 2005 and 2013, the...
Persistent link: https://www.econbiz.de/10011850187
dominant idea that family firms are more risk-averse than non-family firms, we find that when PRA is positive, family firms … engage in risky actions more actively for their customers than non-family counterparts. In other words, banks with better PRA … family firms. Implications and future research are discussed. …
Persistent link: https://www.econbiz.de/10014527417
This paper investigates the impact of macroprudential policies and uncertainty of economic environment on corporate leverage dynamics over the last decade. This is the first study to investigate the impact of macroprudential policies and uncertainty on leverage dynamics of Turkish non-financial...
Persistent link: https://www.econbiz.de/10014547816
The article considers the question of a choice of the optimum scheme of financing mergers and acquisitions (M&As) in the environment of international corporations. Methods and ways of financing integration transactions are considered and key factors and system processes of realization of these...
Persistent link: https://www.econbiz.de/10011551395
In our article we present the use of hybrid securities in the privatization process. We show that exchangeable bonds may be successfully applied during privatization of state companies throughout the world. It may be profitable for many reasons. Firstly, the exchangeables offer a much lower...
Persistent link: https://www.econbiz.de/10011551411
Private equity investors have traditionally used innovative financial methods in structuring their leveraged buyouts (LBO) deals. In recent years, they have frequently employed securitization to raise funds on the back of their acquisitions' operating assets. A distinctive feature of these...
Persistent link: https://www.econbiz.de/10011559147
of firms attributable to different types of managers. We hypothesize that the investment, financing and dividend … decisions of founders differ systematically from those of nonfounder managers as a result of 1) founders valuing control more …
Persistent link: https://www.econbiz.de/10011310327