We examine cash holdings and leverage levels of German listed (non-financial and non-utility) firms. We document a secular increase in cash ratios over the last twenty years (1992–2011), reducing the net debt book leverage ratio for the average sample firm close to zero. Using pre-diction...

The objective of this study is to investigate the influence of board structure on corporate governance, profitability and capital structure of 254 listed companies in the stock exchange of Thailand. By analyzing data based on Multiple Indicators and Multiple Causes (MIMIC) Model. The findings...

The role of financial leverage in magnifying the return of the shareholder is based on the assumptions that the fixed charges fund. A company increases its leverage because it can invest in business operations without increasing its equity. Leverage is not always bad, however it can increase the...

This paper examines the relationship between financial fundamentals and share market price of a publicly traded Maltese telecomunications company. It contains a mix of quantitative and qualitative research material on the subject of whether fundamentals are the real and effective determinants of...

This study is taken to describe the relationship between the levels of debt, dividend policy and the performance of firms listed in Vietnamese stock market. The dividend policy is proxied by the dividend yield while firm’s performance is measured by ROE, ROA, and P/E. The total number of...

By considering different systems of legal protection this study examines the impact of capital structure on the performance of listed firms in European region. Based on 5050 listed firms in eight European countries, the results of the study reveal that the owners in low level of legal protection...

Capital structure is one of the most controversial topics in the world of corporate finance. This study attempts to identify the factors affecting the capital structure and to what extent they impact on the capital structure. To analyze this, the researchers selected a sample of 100 listed...

This study examines the linkage between corporate governance and company’s capital structure proxy as leverage for 100 non-financial Pakistani companies listed on Pakistan Stock Exchange (PSX) from 2009 to 2013. The corporate governance’s features used for this research comprised of BS...