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Firms can use either debt or equity capital to finance their assets. The best choice is a mix of debt and equity. The … Profitability, and increase in use of debt fund in CS tends to minimize the net profit of the IT firms listed in Bombay Stock …
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After declining for two years, France’s national economic wealth rose in 2010. Households’ total wealth largely exceeded its level observed before the economic crisis of 2008 due to the increase in land prices.
Persistent link: https://www.econbiz.de/10010569721
Purpose With a newly developed measure of economic freedom across US local government jurisdictions, this paper aims to estimate the relationship between economic freedom and bond ratings. Design/methodology/approach The author uses a battery of cross-sectional econometric models to identify the...
Persistent link: https://www.econbiz.de/10014867211
The focus of this research paper is on the debt ownership choice of UK property companies. The data show that bank … borrowings constitute more than half of the total outstanding debt of the quoted property sector, testifying to the widespread … use of bank debt among property companies. We carried out four censored regressions to identify key factors influencing …
Persistent link: https://www.econbiz.de/10014897963
This study examines the relationship between various agency factors and debt of property management firms in the UK …. Findings indicate that debt is significantly inversely related to percentage of shares closely held, dividend yield and price …‐to‐book ratio. Size, measured by sales volume, appears to be insignificant in determining debt level.  …
Persistent link: https://www.econbiz.de/10014898375
is a problem when debt exposed to bankruptcy is part of the financial structure. Design/methodology/approach – The paper … that assumption were valid, however, the result of Mayers and Smith establishes that raising exposed debt is a negative net … – The existence of exposed debt does not explain the demand or commercial insurance. Originality/value – The paper …
Persistent link: https://www.econbiz.de/10014901480
Purpose This paper aims to propose a theoretical model designed to predict the likelihood of financial distress of an enterprise and to quantify the damages whenever the financial crisis became full-blown. Design/methodology/approach Coherently with the objectives of the paper, the analysis...
Persistent link: https://www.econbiz.de/10014901932
Purpose The global financial crisis has led to increased attention on the relationship of household indebtedness and systemic risks. As a result, macroprudential measures aimed at reducing the risks have been introduced in many countries. The purpose of this paper is to review the recent...
Persistent link: https://www.econbiz.de/10014902090