Showing 1 - 9 of 9
The determinants of corporate indebtedness have been one of the most debated issues in empirical corporate finance research. In the Indian context, a number of research papers focusing on the said issue emerged since the 1990s. These research studies classified borrowing (the explained variable)...
Persistent link: https://www.econbiz.de/10015231378
This research examined the borrowing behavior of unlisted private stand-alone manufacturing firms in India over the period 2006-07 to 2009-10 using balance sheet data. Findings suggest that total indebtedness is lower in unlisted manufacturing firms compared to their listed counterparts, and the...
Persistent link: https://www.econbiz.de/10015235143
Empirical tests of theoretical propositions necessitate quantitative estimation of qualitative firm level attribute. The challenges of such estimation are nowhere more pronounced than it is the context of estimating firm growth as evinced from the multiplicity of proxies used. However in using...
Persistent link: https://www.econbiz.de/10015236093
This paper develops an alternative interpretation of the observed inverse relation between market-to-book ratio and long term indebtedness based on the market timing theory of capital structure and provides empirical evidence to substantiate the same. Our findings suggest that in the presence of...
Persistent link: https://www.econbiz.de/10015240207
The determinants of corporate indebtedness have been one of the most debated issues in empirical corporate finance research. In the Indian context, a number of research papers focusing on the said issue emerged since the 1990s. These research studies classified borrowing (the explained variable)...
Persistent link: https://www.econbiz.de/10011110972
This paper develops an alternative interpretation of the observed inverse relation between market-to-book ratio and long term indebtedness based on the market timing theory of capital structure and provides empirical evidence to substantiate the same. Our findings suggest that in the presence of...
Persistent link: https://www.econbiz.de/10011111610
Empirical tests of theoretical propositions necessitate quantitative estimation of qualitative firm level attribute. The challenges of such estimation are nowhere more pronounced than it is the context of estimating firm growth as evinced from the multiplicity of proxies used. However in using...
Persistent link: https://www.econbiz.de/10011259153
This research examined the borrowing behavior of unlisted private stand-alone manufacturing firms in India over the period 2006-07 to 2009-10 using balance sheet data. Findings suggest that total indebtedness is lower in unlisted manufacturing firms compared to their listed counterparts, and the...
Persistent link: https://www.econbiz.de/10011260432
Purpose - This primary purpose of this research is to explore the rank order of funding challenges among the other challenges faced by women entrepreneurs (WEs) in an urban setting. For this purpose, the study uses a sample of women microentrepreneurs engaged in (the relatively...
Persistent link: https://www.econbiz.de/10015398210