This study investigates asymmetries in the capital structure speed of adjustment in the case of a capital-intensive industry. Employing a sample of globally listed maritime, manufacturing and services firms between 1995 and 2020, we estimate a regime-switching partial adjustment model, to test...

The present paper aims to explore the role of philanthropic private donations to knowledge creation in Greek universities and research institutions. Based on survey data and balance sheets of 260 mostly private foundations that finance educational and research activities in Greece, this paper...