Showing 1 - 10 of 942,185
structure. Our sample comprises 706 European firms from France, Germany, Italy and the U.K. over the period from 1983 to 2002 …We use a dynamic framework and panel methodology to investigate the determinants of a firms' time-varying capital …
Persistent link: https://www.econbiz.de/10011390623
dependent variable being the debt ratio, we apply a linear model upon a balanced panel data-set of 2,370 French SMEs over the …
Persistent link: https://www.econbiz.de/10010492381
corporate debt in the United States, the United Kingdom, France and Germany. The comparison serves to benchmark our findings … sectors in the United States, Germany and France. The model assesses the contribution of investment, acquisitions, cash flows … debt will rise above the optimum level by more than in the United Kingdom and France - responding to the higher levels of …
Persistent link: https://www.econbiz.de/10014052546
This paper examines the impact of real estate prices on firm capital structure decisions. For a typical US listed company, a one standard deviation increase in predicted value of firm pledgeable collateral translates into a 3 percentage points increase in firm market leverage ratio. The...
Persistent link: https://www.econbiz.de/10013064464
What is the effect of funding costs on the conditional probability of issuing a corporate bond? We study this question in a novel dataset covering 5610 issuances by US firms over the period from 1990 to 2014. Identification of this effect is complicated because of unobserved, common shocks such...
Persistent link: https://www.econbiz.de/10011581544
structure. Our sample comprises 706 European firms from France, Germany, Italy and the U.K. over the period from 1983 to 2002 …We use a dynamic framework and panel methodology to investigate the determinants of a time-varying corporate capital …
Persistent link: https://www.econbiz.de/10009024990
structure. Our sample comprises706 European firms from France, Germany, Italy and the U.K. overthe period from 1983 to 2002. If …We use a dynamic framework and panel methodology to investigate thedeterminants of a firms’ time-varying capital …
Persistent link: https://www.econbiz.de/10009025041
estimation of unconditional quantile partial effects in a model with correlated random effects. The results show that the impact …
Persistent link: https://www.econbiz.de/10012514927
In this research, we investigate the dynamic of the capital structure, using panel data techniques. A sample of new … structure has been extended to new high-tech firms with the use of many techniques of panel data. Confirming the pecking order … ratio of non-debt tax shield. Finally, estimating a dynamic panel data model, we find that new high-tech German firms adjust …
Persistent link: https://www.econbiz.de/10014064577
estimation of unconditional quantile partial effects in a model with correlated random effects. The results show that the impact …
Persistent link: https://www.econbiz.de/10013226660