This paper examines the effects of determinants of capital structure on firm's equity market value. The underlying assumption is that when a firm changes its capital structure, it actually changes the relative position and the market values of its securities' holders. This is the signaling...

This paper examines the effects of determinants of capital structure on firm's equity market value. The underlying assumption is that when a firm changes its capital structure, it actually changes the relative position and the market values of its securities' holders. This is the signaling...

Purpose: The banking sector in the MENA region is exposed to financial risks that originate from both the internal and external environment. Related studies in the literature have reached inconclusive determinants of the overall risks to banks. This paper examines the robustness of the...

This paper examines the effects of institutional quality on firm-level financial performance. The data include non-financial firms listed in stock exchanges in G8 and MENA countries. The total number of firms in the G8 and MENA is 347 and 389, respectively, covering the period 2017-2020. The...