On the firmʹs production, capital structure and demand for debt

Alice Nakamura and Masao Nakamura

Derivation of an equation for the long-term debt ratio (capital structure) of a firm which can be estimated using available data, with the aim to explain differences in the debt behaviour among individual firms. Tobit estimation results, explicitly allowing for the fact that some firms have no long-term debt, are presented for both US and Japanese firms. (NL-409)

MoreLess

Year of publication:	1982
Authors:	Nakamura, Alice
Other Persons:	Nakamura, Masao (contributor) ; Nakamura, Masahisa (contributor)
Published in:	The review of economics and statistics. - Cambridge, Mass. : MIT Press, ISSN 0034-6535, ZDB-ID 207962-8. - Vol. 64.1982, 3, p. 384-393
Subject:	Unternehmungsfinanzierungsstruktur \| Produktionsfaktor \| Japan \| Vereinigte Staaten \| Kapital \| Fremdkapital \| Kapitalstruktur \| Capital structure \| Theorie \| Theory

Type of publication:	Article
Language:	English
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10015137043