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This paper incorporates the cost of adjustment between observed and optimal leverage in explaining the variation in firm?s equity or bank-debt financing investments. Using a dynamic adjustment approach identifies the determinants to capital structure between different financial systems. In...
Persistent link: https://www.econbiz.de/10010298124
regional innovation systems and international knowledge flow by using trade data on openness. The study distinguishes between …
Persistent link: https://www.econbiz.de/10011532059
This paper incorporates the cost of adjustment between observed and optimal leverage in explaining the variation in firm's equity or bank-debt financing investments. Using a dynamic adjustment approach identifies the determinants to capital structure between different financial systems. In...
Persistent link: https://www.econbiz.de/10011448232
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Recent studies have documented extensive heterogeneity in firm performance within countries, and innovation has been … found as an important determinant. This paper addresses the issue of innovation firm performance across countries. A growing … number of national firm level studies on the innovation-productivity link have been conducted using new internationally …
Persistent link: https://www.econbiz.de/10014080498