Based on agency theory, we focused on the influence of corporate governance in the dividend policy of large listed firms with headquarters in continental Europe countries. Previous research focused on the influence of corporate governance on the performance and risk of listed firms, but the...

Purpose - This research aims to identify the optimal configuration of investment which leads firms to their best competitive positions, considering the degree of concentration in the market. Design/methodology/approach - The methodology was quantitative and based on secondary data with samples...

The paper examines theoretically and explores empirically the problem of the banking firm's capital structure (voluntary) decisions using a unique dataset gathered through a survey conducted to a sample of 89.5 percent of the Chief Executive Officers (CEOs) of Portuguese banks in office during...

Building on the biological concept of a life cycle, the paper analyzes the issue of the strategic financing choice of firms through the lens of the life cycle framework. Using data for the 1994-2003 period, from a sample of Iberian firms the paper investigates 379 start-ups (789 firm year...