Showing 1 - 10 of 51,579
This paper's purpose is to compare nonprofits with pass-throughs in terms of valuation, leverage, and growth. To … achieve this purpose, we use the Capital Structure Model. This model determines maximum firm valuation through incorporating … set results on valuation, leverage and growth, our findings are value-additive in terms of the comparative research on …
Persistent link: https://www.econbiz.de/10012483154
PT outputs for the categories of debt choice, valuation, and leverage gain. In the process, we expand on the nongrowth PT … January 2018, PTs had an after-tax valuation advantage over CCs. Under TCJA, we demonstrate this advantage has been reverse …
Persistent link: https://www.econbiz.de/10013200293
PT outputs for the categories of debt choice, valuation, and leverage gain. In the process, we expand on the nongrowth PT … January 2018, PTs had an after-tax valuation advantage over CCs. Under TCJA, we demonstrate this advantage has been reverse …
Persistent link: https://www.econbiz.de/10012291770
Persistent link: https://www.econbiz.de/10005345368
This study investigates whether changes in personal tax rates on dividends and capital gains affect firms' incremental financing decisions. The evidence in this study suggests that following the 1997 and 2003 Tax Acts, which decreased tax rates on equity income, firms are less likely to issue...
Persistent link: https://www.econbiz.de/10012779164
The article analyses inter-dependencies between dividend, capital structure, and cost of capital, factoring the ownership structure of listed firms in India, using 3SLS system approach. The study finds that family firms are dominant with concentrated ownership. Dividend, leverage, and average...
Persistent link: https://www.econbiz.de/10012023922
The article analyses the impact of foreign investors, who were the majority shareholders of companies on the Warsaw Stock Exchange, on dividend policy of these companies in the years 2004-2014. An evaluation of the direction and strength of the influence of the analysed group of investors, using...
Persistent link: https://www.econbiz.de/10011899978
This paper examines the possible association between ownership structure, dividend payout policy. It is also one of the very first examples, which tries to detect any potential association in ownership structure, and well established dividend payout models in context of an emerging market .The...
Persistent link: https://www.econbiz.de/10010598281
This article studies the relationship between ownership structure of French companies and their stock repurchase policy. According to financial theory, the presence of institutional investors negatively influences repurchasing policy because the preference of these investors is to reinvest in...
Persistent link: https://www.econbiz.de/10011212156
This research aims to test dividend signaling theory in an Indonesian capital market. Signaling theory states that dividend policy has information content that can influence to share price. Examination of theory of signaling is related to research phenomena in other countries indicating that by...
Persistent link: https://www.econbiz.de/10008685512