This paper examines the dynamics trade-off financial structure in presence of ownership dispersion of newly created firms. Our objective is to test empirically the relevance of trade-off theory regards the debt funding behavior of business start-up. We use a sample of 200 business start-ups and...

This study explores whether risk mediates the relationship between good corporate governance (GCG), Sharia capital structure, and Sharia financing structure on the financial performance of Islamic banks in Indonesia. The research utilized purposive sampling, selecting a sample of nine banks from...

This paper shows that the cost of enforcing contracts governing non-financial relationships between firms affects a firm's financing structure. We analyze the interaction between a firm's capital structure and the type of contracts it uses to deal with its suppliers. We first develop a...