This study examines the effect of foreign acquisitions on the capital structure of U.S. corporations. In the first part of the study, we examine change in the long-term debt ratio of corporations that acquire foreign subsidiaries. The findings show that after a drop in the ratio for the year of...

To determine whether corporate international diversification leads firms to increase their leverage, we perform an event study that compares the leverage of corporations before and after they acquire foreign subsidiaries. We find that on average leverage increases from the first to the third...

To determine whether corporate international diversification leads firms to increase their leverage, we perform an event study that compares the leverage of corporations before and after they acquire foreign subsidiaries. We find that on average leverage increases from the first to the third...

Cette étude analyse la relation entre les décisions de changement des dividendes et les bénéfices futurs des entreprises canadiennes cotées sur la bourse de Toronto au cours de la période 1985 à 2003. En utilisant une méthodologie similaire à celles de Nissim et Ziv (2001) et Freeman,...

Cette étude analyse la relation entre les décisions de changement des dividendes et les bénéfices futurs des entreprises canadiennes cotées sur la bourse de Toronto au cours de la période 1985 à 2003. En utilisant une méthodologie similaire à celles de Nissim et Ziv (2001) et Freeman,...