This study investigates the impact 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...

Funds availability has always been a major constraint to micro and small business development projects in many Asian and Latin American countries, and more so for all African countries. An assortment of various credit models has been devised and used over time by policy makers in these countries...

This paper reviews the first thirty years of finance research and education in Finland, starting with publication of the first dissertation in finance in 1977. That was also the year when the first department of finance was established in Finland - among the first in the Nordic countries. This...

The performance of capital projects, in terms of meeting cost, time and performance requirements, has always been questionable. Despite the availability of project management tools, techniques, processes and advanced software applications, the overall non-performance of large capital projects...

Liquidity is a measure of the ease with which an asset can be converted into cash. In a perfectly liquid market, conversion is instantaneous and does not incur costs. Amihud and Mendelson (1986:224) proposed that illiquidity increases the expected return on an investment (liquidity premium) and...

This paper reviews the first thirty years of finance research and education in Finland, starting with publication of the first dissertation in finance in 1977. That was also the year when the first department of finance was established in Finland – among the first in the Nordic countries. This...