Similar Search Results

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

We test the assumptions of trade-off theory (TOT) and pecking order theory (POT) regarding corporate leverage. The dependent variable being the debt ratio, we apply a linear model upon a balanced panel data-set of 2,370 French SMEs over the period 2002 - 2010. In accordance to TOT, trade credit...

Persistent link: https://www.econbiz.de/10010492381

SMEs capital structure determinants during severe economic crisis : the case of Greece

Balios, D.; Daskalakis, N.; Eriotis, Nikolaos; … - In: Cogent economics & finance 4 (2016) 1, pp. 1-11

The objective of this paper was to explore whether and how the main capital structure determinants of SMEs affected capital structure determination in different ways during the years of economic crisis. We used panel data of 8,052 SMEs operating in Greece during 2009-2012. We found that the...

Persistent link: https://www.econbiz.de/10011450554

The role of corporate financial structure in the export propensity of manufacturing firms

Miravitlles, Paloma; Mora, Toni; Achcaoucaou, Fariza - 2016

The aim of this study is to analyse the impact of corporate financial structure on a firm's export propensity, especially that of small and medium-sized enterprises (SMEs). The paper contributes to the literature concerned with the relationship between exports and financial constraints from the...

Persistent link: https://www.econbiz.de/10011451851

The behavioural dimension of SME's owner on affecting the financial decisions

Raharja, Bayu Sindhu; Bachtiar, Nia Kurniati; Muhammad … - In: Verslas : teorija ir praktika : Vilniaus Gedimino … 23 (2022) 1, pp. 60-69

This research seeks the effect of behavioural and non-behavioural factors of SME's owners and their business … effect of behavioural aspects of SME's owners on the financing decisions, which is, instead of having significant enforcement …

Persistent link: https://www.econbiz.de/10012938808

Zero-debt capital structure and the firm life cycle : empirical evidence from privately held SMEs

Lefebvre, Vivien - In: Venture capital : an international journal of … 23 (2021) 4, pp. 371-387

Persistent link: https://www.econbiz.de/10012804210

Does financing behavior of SME entrepreneurs of Bangladesh follow capital structure theory? : an investigation into Pecking Order Theory

Ali, Md. Rostam; Ahmed, Rustom Ali; Tisha, Rushafa Tasnim; … - In: International journal of financial engineering 8 (2021) 1, pp. 1-16

Persistent link: https://www.econbiz.de/10012654604

Capital structure, working capital, and governance quality affect the financial performance of small and medium enterprises in Taiwan

Anh-Huyen Vu Thi; The-Dong Phung - In: Journal of risk and financial management : JRFM 14 (2021) 8, pp. 1-13

This study examines the impact of capital structure, working capital, and governance quality on the financial performance of small- and medium-sized enterprises in Taiwan using a sample of more than 2000 firms from the Taiwan Economic Journal (TEJ) during the 24-year period of 1995-2018. Panel...

Persistent link: https://www.econbiz.de/10012626975

Is political risk a driver of listed SMEs leverage?

Papageorgiou, Theofanis; Savvakis, Georgios; … - In: Applied economics letters 28 (2021) 16, pp. 1382-1385

Persistent link: https://www.econbiz.de/10012609682

Capital structure analysis of MSMEs with reference to start-up and later stages

Desai, Purva Hegde; Borde, Nilesh; Nagar, Mitesh - In: International journal of entrepreneurship and small … 43 (2021) 4, pp. 502-516

Persistent link: https://www.econbiz.de/10012612911

An empirical analysis of financial leverage of KOSDAQ-listed small and medium firms in association with the global economic turmoil

Kim, Hanjoon - In: Journal of international trade & commerce 17 (2021) 4, pp. 131-145

Persistent link: https://www.econbiz.de/10013198939