The goal of this research is to investigate whether taxation affects the leverage decisions of banks and if the response of leverage to tax increases depends on profit-shifting opportunities available to individual banks. This topic remains controversial since it is often believed that banking...

This paper aims to investigate the impact of corporate dividend policy on the capital structure in the Korean stock market. To distinctly discern the voluntariness of changes in corporate dividend policy, we analyze companies that, following a substantial increase, do not reduce dividends for...

This article undertakes a comparative analysis to investigate the distinctive determinants of capital structure in agricultural businesses located in Central and Eastern Europe (CEE) and Western Europe (WE). Given the unique financing characteristics inherent to agricultural enterprises and the...

Purpose - The study seeks to find the effect of financial leverage on the firm performance of non-financial companies listed in the Tokyo stock market. Design/methodology/approach - The study collected data from 263 companies in the automobile and industrial producer sectors listed on the Tokyo...