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Purpose -The study aims to investigate the comparatively under-researched relationship between ownership structure and capital structure in an emerging market. It is also one of the first studies to apply both single and reduced-form equation methods using a panel data approach....
Persistent link: https://www.econbiz.de/10010761715
This article provides evidence about the determinants of capital structure in developing countries through studying non-financial Jordanian firms. We detect that capital structure choice in Jordan is influenced by similar set of factors suggested in the developed markets, namely, institutional...
Persistent link: https://www.econbiz.de/10010772783
Purpose – This paper seeks to explore the potential drivers of corporate capital structure. Design/methodology/approach – The paper applies both fixed effects panel models and random effects tobit models to examine this issue. A sample of 379 firms is used across the period from 1991 to...
Persistent link: https://www.econbiz.de/10010610657
Purpose – This paper seeks to explore the potential drivers of corporate capital structure. Design/methodology/approach – The paper applies both fixed effects panel models and random effects tobit models to examine this issue. A sample of 379 firms is used across the period from 1991 to...
Persistent link: https://www.econbiz.de/10010720088
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This paper expands the capital structure literature by investigating how ownership shareholdings and corporate governance influence the capital structure decisions within an emerging market context, namely the United Arab Emirates (UAE). Our sample includes firms listed in both Abu Dhabi and...
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