Global ETD Search
Search theses and dissertations gathered from participating repositories worldwide. Every result links back to the library that holds it. No account is needed.
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Showing 1 to 20 of 20 for “"Capital structure decisions"”.
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The impact of firm size and industry on capital structure decisions
… the impact of firm size and industry on the capital structure of listed South African firms. It uses data obtained from firms listed on the Johannesburg Stock Exchange and tests trade-off theory and pecking order theory for firms of various sizes, firms in different industries and also tests …
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Unfunded Pension Liabilities and Capital Structure Decisions: A Theoretical and Empirical Investigation
Thesis (Ph.D.)--University of Illinois at Urbana-Champaign, 1984.
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Two Essays on Capital Structure Decisions of the Firm: An Empirical Analysis of the Impact of Managerial Entrenchment and Ethical Corporate Citizenship
… and ethical corporate citizenship on capital structure decisions of the firm. The first essay examines the impact of managerial entrenchment on financial flexibility and capital structure decisions of firms. Agency conflicts and asymmetric information between managers and shareholders …
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Capital structure and dividend policy: evidence from emerging markets
… issues, namely firms’ payout policies and capital structure decisions, in the context of emerging markets. The thesis consists of seven chapters, including five main standalone research papers. After an introductory chapter, the first research paper reviews the existing literature on the …
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Three Essays on Foreign CEOs
… culture to analyse their impact on firm risk, capital structure decisions and corporate acquisitions. The first study examines the impact of foreign CEOs on the risk taking behaviour of their firms and management practices. The results show that, compared with domestic CEOs, firms managed by …
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The nexus of capital structure, profitability, and the covid-19 financial crisis: an empirical analysis of South African JSE listed firms.
This study explored the interplay between capital structure choices and financial performance across 72 JSE-listed firms, spanning 2008 - 2022. By employing panel data regression, the data sourced from financial reports underwent an analysis using descriptive statistics, correlation matrices, and …
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Industry characteristics, agency theory, and the interaction of capital structure and dividend policy
… modelled and tested the firm’s dividend and capital structure decisions separately. In this dissertation, a model is developed based on agency cost considerations and dividends as a means of controlling equity agency costs, which simultaneously determines the optimal capital structure and …
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Human Capital Specificity and Corporate Capital Structure
… how employing workers with specific human capital affects capital structure decisions by employers. Based on plant-level data from the U.S. Census Bureau, I use the opening of new plants as an exogenous reduction in human capital specificity-- the inability to transfer specific skill sets …
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Research Project Number 1 Determinants of Capital Structure
… in determining the factors that influence decisions on Capital Structure. Therefore, the determinants of the Capital Structure decisions of 100 UK non-financial companies listed in the Financial Times All-Share Index covering the period from 1993 to 2006 has been critically analyzed. The …
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Leverage and Debt Maturity: The Implication of Size and Market Quotation
… finance literature by looking at the financing decisions with a specific application to small companies in the context of the UK relatively highly regulated Main market, versus the lightly regulated Alternative Investment Market (AIM). I do this by gathering data on all quoted dead and alive …
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Capital Structure in the Family Firm: Exploring the Relationship Between Financial Sources and Family Dynamics
<p> How a company structures its capital greatly affects its strategic options and its strategic decisions according to contemporary thinking. However, while there is ample literature on how publicly held companies’ capital should be structured, less is known about private companies. Additionally, …
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The impact of taxation reforms and other factors on the capital structure of real estate enterprises
… of the New Tax System and other factors on the capital structure of the Australian listed real estate property enterprises. Hypotheses utilising Static Trade-off, Pecking Order and Market Timing theories are empirically examined using a series of the taxes variables (i.e., effective tax rate and …
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The moderating effect of firm size on corporate governance practices with firm’s capital structure
… agency conflict issues especially in making capital structure decisions. Thus, this study aimed to investigate the influence of corporate governance on capital structure among public-listed companies in Malaysia. Using the annual reports of 273 Malaysian public listed firms on the main board …
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An empirical study of the impact of macroeconomic variables on the capital structure of South African firms during periods of heightened economic uncertainty
… other selected macroeconomic variables) on the capital structure of South African firms is investigated during a period of heightened economic uncertainty. Economic uncertainty, as defined in this study, refers to the degree of unpredictability and lack of confidence that exist in the economic …
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Essay on the Persistence of Corporate Diversification Discount after Merger and Acquisition Transactions and Essay on the Capital Structure Properties of Real Estate Investment Trusts (REITs)
… Several methodologies and tests applied in capital structure literature are introduced to the literature of REITs capital structure. First, I investigate how the market prices leverage in absence of tax-deductibility benefit. Then, I diagnose the relative importance of several non-tax-driven …
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Three Essays on Bank Capital Structure, Performance, and Financial Inclusion
… and financial sector, particularly banks’ capital, performance, and financial inclusion. The first essay investigates the determinants of bank capital structure taking into account the impact of the crisis, banks’ systemic size and risks. Using a sample of the European Economic Area’s …
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The effect of peer firms determining firm capital structure: evidence from manufacturing in Malaysia
… the impact of peer firms’ financial policies (capital structure) on target firm financing behaviour (capital structure), and to empirically test whether non-linear relationship of profitability with capital structure and growth opportunities exists. In order to achieve this, panel data …
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Is corporate social responsibility a determinant of the capital structure of global systemically important banks?
… public discussions about the role of bank capital structures in the stability of banking institutions. While it was previously thought that regulatory capital requirements are the sole determinant of bank capital structure, recent empirical studies suggest that, instead, the standard …
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An empirical study of Malaysian firms' capital structure
… of the factors affecting a firm's value is its capital structure. The event of the 1997 Asian financial crisis was expected to affect the firms' gearing level as the firms' earnings deteriorated and the capital market collapsed. The main objective of this research is to examine empirically the …
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Determinants of corporate leverage adjustments: A cross-country analysis
Capital structure literature suggests that firms are very likely to consider target leverage ratios when they issue new capital (Graham & Harvey, 2001). Albeit the dynamic trade-off theory predicts that firms have incentives to move toward target debt ratios by reducing any deviation from those …