Эксоцман
на главную поиск contacts

The Determinants of Capital Structure Choice

Опубликовано на портале: 21-06-2006
Journal of Finance. 1988.  Vol. 43. No. 1. P. 1-20. 
This paper analyzes the explanatory power of some of the recent theories of optimal capital structure. The study extends empirical work on capital structure theory in three ways. First, it examines a much broader set of capital structure theories, many of which have not previously been analyzed empirically. Second, since the theories have different empirical implications in regard to different types of debt instruments, the authors analyze measures of short-term, long-term, and convertible debt rather than an aggregate measure of total debt. Third, the study uses a factor-analytic technique that mitigates the measurement problems encountered when working with proxy variables.
BiBTeX
RIS
Ключевые слова

См. также:
Shenghui Tong, Ning Yixi
Journal of Investing. 2004.  Vol. 13. No. 4. P. 53-66. 
[Статья]
Raj Aggarwal
ASEAN Economic Bulletin. 1990.  Vol. 7. No. 1. P. 39-54. 
[Статья]
Saumitra N. Bhaduri
Applied Financial Economy. 2002.  Vol. 12. No. 9. P. 655-665. 
[Статья]
Milton Harris, Artur Raviv
Journal of Finance. 1991.  Vol. 46. No. 1. P. 297-355. 
[Статья]
Robert Goldstein, Nengju Ju, Hayne E. Leland
Journal of Business. 2001.  Vol. 74. No. 4. P. 483-513. 
[Статья]
Michael L. Lemmon, Jaime F. Zender
Working Paper Series (SSRN). 2002. 
[Статья]
Michael J. Barclay, Clifford W. Smith
Journal of Finance. 1995.  Vol. 50. No. 2. P. 609-631. 
[Статья]