impact on leverage and debt maturity choices as well as credit spreads. The effect of this interplay is particularly …, leverage increases with the expected growth rate of firm value under its investment opportunities, and decreases with its … investment opportunities on their leverage ratios, debt maturities, and credit spreads are important implications of our theory …

results. Study carried out by two of three set in the hypotheses. First, the amount of leverage and maturity there is a …

(leverage) and the term of the debt contract (debt maturity). However, little is known about the theoretical interdependence … between leverage and debt maturity. Furthermore, leverage and debt maturity are treated independently in most empirical … between leverage and debt maturity in both the Australia and the US capital markets. Our theoretical model, which builds upon …

This thesis analyses the impact of tax policy on firms' leverage ratios in a balanced panel of 129 medium-sized listed … companies from II European countries from 1993 to 2005. A general model of company leverage is applied within which King's tax … finance. Various leverage measures are studied to check for the robustness of the estimated model. Total debt is then …

’s stock in Indonesian Stock Market. Financial ratios used are Financial Leverage, Asset Growth, Liquidity and Asset Size …

This research is aim to know the influence of Liquidity, Profitability and Leverage to Dividen Payout Ratio either …

essay tests theoretical predictions about therelationship between leverage and firm performance set forth by thecorporate … finance literature. The dynamic relationship between firmperformance and leverage is examined empirically using theDifference … GMM method of econometric estimation. Multiple measuresof performance and leverage are utilized, controlling …

recapitalization. The model reproduces known relations between firm size, leverage and growth opportunities. The model predicts that … firms time capital structure adjustments to their target leverage ratios with the exercise of their growth options. Compared … profitable firms have higher leverage. Firms facing low corporate tax rates choose not to issue any debt. Increases in volatility …