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dividend to lagged market value, Net Financing to lagged market value, Lagged cash values to lagged market values, Lagged cash …
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I provide further evidence on the determinants of corporate capital structure by estimating a dynamic trade-off model of the firm that includes investment, leverage, and payout decisions. The structural model generates a leverage ratio that oscillates around a long-run, time-invariant level and...
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Capital structure is one of the important areas of firms' strategic and financial decision making as it enables managers to finance a firm's overall operations with different sources of funds. Several financial and business factors play a fundamental role in an effective decision making of...
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In this paper, we discuss capital commitments from different sources of finance that are used in several key countries worldwide to finance clean technologies (CT). In the course of our analysis, we first elaborate on findings from literature that address the importance and implications of...
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corporate financing are among the important ones. Numerous studies have been conducted on the topic of payout policy but less … attention is paid on developing countries. In this paper the impact of investment opportunity set and corporate financing on … financing. Tobin’s q is used to measure investment opportunity set and financial leverage and debt maturity were used to measure …
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