Noted scholars argue that (1) economic models of capital taxation have been inadequately adapted to owner-managed enterprises and (2) capital structure researchers have used the wrong models while also improperly measuring key variables. Thus, a model that can overcome these problems should be...

Noted scholars argue that (1) economic models of capital taxation have been inadequately adapted to owner-managed enterprises and (2) capital structure researchers have used the wrong models while also improperly measuring key variables. Thus, a model that can overcome these problems should be...

The strategies of raising equity capital available to the Polish companies were studied, both in the theoretical and empirical dimension. According to the law regulations three strategies of raising equity capital were distinguished and characterized: the retaining profit strategy, the strategy...

This article discusses the impact of contingent capital on the capital structure decisions of systemically important banks and the consequences for the public. In doing so, the existing literature on capital structure decisions involving contingent capital is extended by presuming the risk...