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Determinants of Financial Structure: A New Methodological Approach

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  1. Chung, Chune Young & Hur, Seok-Kyun & Wang, Kainan, 2017. "Strategic merger decisions across business cycles: Evidence from bidders' time-varying appetite for operating leverage," International Review of Economics & Finance, Elsevier, vol. 47(C), pages 143-158.
  2. Bassam Fattouh & Laurence Harris & Pasquale Scaramozzino, 2008. "Non-linearity in the determinants of capital structure: evidence from UK firms," Empirical Economics, Springer, vol. 34(3), pages 417-438, June.
  3. Showalter, Dean, 1999. "Strategic debt: evidence in manufacturing," International Journal of Industrial Organization, Elsevier, vol. 17(3), pages 319-333, April.
  4. Soa La Nguyen & Cuong Duc Pham & Tu Van Truong & Trong Van Phi & Linh Thuy Le & Trang Thu Thi Vu, 2023. "Relationship between Capital Structure and Firm Profitability: Evidence from Vietnamese Listed Companies," IJFS, MDPI, vol. 11(1), pages 1-13, March.
  5. Ditzhaus, Marc & Smaga, Łukasz, 2022. "Permutation test for the multivariate coefficient of variation in factorial designs," Journal of Multivariate Analysis, Elsevier, vol. 187(C).
  6. Fattouh, Bassam & Pisicoli, Beniamino & Scaramozzino, Pasquale, 2024. "Debt and financial fragility: Italian non-financial companies after the pandemic," Economic Modelling, Elsevier, vol. 131(C).
  7. Qizhi Tao & Zohaib Zahid & Azhar Mughal & Farrukh Shahzad, 2022. "Does operating leverage increase firm's profitability and bankruptcy risk? Evidence from China's entry into WTO," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 27(4), pages 4705-4721, October.
  8. Urionabarrenetxea, Sara & Garcia-Merino, Jose Domingo & San-Jose, Leire & Retolaza, Jose Luis, 2018. "Living with zombie companies: Do we know where the threat lies?," European Management Journal, Elsevier, vol. 36(3), pages 408-420.
  9. Barnali Chaklader & Deepak Chawla, 2016. "A Study of Determinants of Capital Structure through Panel Data Analysis of Firms Listed in NSE CNX 500," Vision, , vol. 20(4), pages 267-277, December.
  10. Aleksandra Szymańska & Stijn Van Puyvelde & Marc Jegers, 2015. "Capital structure of social purpose companies -- a panel data analysis," Journal of Sustainable Finance & Investment, Taylor & Francis Journals, vol. 5(4), pages 234-254, October.
  11. Irene Wei Kiong Ting & Hooi Hooi Lean & Qian Long Kweh & Noor Azlinna Azizan, 2016. "Managerial overconfidence, government intervention and corporate financing decision," International Journal of Managerial Finance, Emerald Group Publishing Limited, vol. 12(1), pages 4-24, February.
  12. Barakat, Mounther-Hussein & Rao, Ramesh-P, 2003. "The role of taxes in capital structure: evidence from taxed and non-taxed Arab economies," MPRA Paper 25472, University Library of Munich, Germany, revised Aug 2006.
  13. Mustafa Caglayan & Abdul Rashid, 2014. "The Response Of Firms' Leverage To Risk: Evidence From Uk Public Versus Nonpublic Manufacturing Firms," Economic Inquiry, Western Economic Association International, vol. 52(1), pages 341-363, January.
  14. Christopher F. Baum & Mustafa Caglayan & Abdul Rashid, 2017. "Capital structure adjustments: Do macroeconomic and business risks matter?," Empirical Economics, Springer, vol. 53(4), pages 1463-1502, December.
  15. Matias, Fernanda & Serrasqueiro, Zélia, 2017. "Are there reliable determinant factors of capital structure decisions? Empirical study of SMEs in different regions of Portugal," Research in International Business and Finance, Elsevier, vol. 40(C), pages 19-33.
  16. António Morão Lourenço & Eduardo Carmo Oliveira, 2017. "Determinants of debt: Empirical evidence on firms in the district of Santarém in Portugal," Contaduría y Administración, Accounting and Management, vol. 62(2), pages 30-31, Abril-Jun.
  17. Mohina Saxena & Surajit Bhattacharyya, 2022. "Industry dynamics and capital structure choice: Evidence from Indian manufacturing firms," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 43(3), pages 829-845, April.
  18. Attiya Yasmin Javid & Qaisar Imad, 2012. "A Decomposition Analysis of Capital Structure: Evidence from Pakistan’s Manufacturing Sector," Lahore Journal of Economics, Department of Economics, The Lahore School of Economics, vol. 17(1), pages 1-31, Jan-June.
  19. Sze Kim Chin & Nur Adiana Hiau Abdullah, 2013. "Announcements Effect of Corporate Bond Issuance and Its Determinants," Contemporary Economics, University of Economics and Human Sciences in Warsaw., vol. 7(1), March.
  20. Asimakopoulos, Ioannis & Athanasoglou, Panayiotis & Siriopoulos, Konstantinos, 2006. "External financing, growth and capital structure," MPRA Paper 16451, University Library of Munich, Germany.
  21. Chen, Minjia & Matousek, Roman, 2020. "Do productive firms get external finance? Evidence from Chinese listed manufacturing firms," International Review of Financial Analysis, Elsevier, vol. 67(C).
  22. Moradi, Amir & Paulet, Elisabeth, 2019. "The firm-specific determinants of capital structure – An empirical analysis of firms before and during the Euro Crisis," Research in International Business and Finance, Elsevier, vol. 47(C), pages 150-161.
  23. Cadogan, Godfrey, 1994. "Do Public Sector Contracts And Policy Towards Small Firms Matter?: Evidence From Women Business Enterprises," MPRA Paper 26595, University Library of Munich, Germany, revised 14 Sep 2010.
  24. Jensen, Richard & Showalter, Dean, 2004. "Strategic debt and patent races," International Journal of Industrial Organization, Elsevier, vol. 22(7), pages 887-915, September.
  25. Kapetanakis Sifakis, Catherine, 1987. "L’influence de la taille sur l’endettement des entreprises industrielles grecques," L'Actualité Economique, Société Canadienne de Science Economique, vol. 63(4), pages 357-372, décembre.
  26. Evaldo Guimarães Barbosa & Cristiana De Castro Moraes, 2003. "Determinants Of The Firm’S Capital Structure - The Case Of The Very Small Enterprises," Finance 0302001, University Library of Munich, Germany, revised 06 Oct 2003.
  27. Stephen C. Vogt, 1994. "The role of internal financial sources in firm financing and investment decisions," Review of Financial Economics, John Wiley & Sons, vol. 4(1), pages 1-24, September.
  28. Shenoy, Catherine & Koch, Paul D., 1996. "The firm's leverage-cash flow relationship," Journal of Empirical Finance, Elsevier, vol. 2(4), pages 307-331, February.
  29. Timothy J. Brailsford & Barry R. Oliver & Sandra L. H. Pua, 2002. "On the relation between ownership structure and capital structure," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 42(1), pages 1-26, March.
  30. Din, Shahab-u- & Javid, Attiya Yasmin, 2011. "Impact of managerial ownership on financial policies and the firm’s performance: evidence Pakistani manufacturing firms," MPRA Paper 37560, University Library of Munich, Germany.
  31. Merve Gizem Cevheroglu-Acar, 2018. "Determinants of Capital Structure: Empirical Evidence from Turkey," Journal of Management and Sustainability, Canadian Center of Science and Education, vol. 8(1), pages 31-45, March.
  32. Pravish Kumar Nunkoo & Agyenim Boateng, 2010. "The empirical determinants of target capital structure and adjustment to long-run target: evidence from Canadian firms," Applied Economics Letters, Taylor & Francis Journals, vol. 17(10), pages 983-990.
  33. Nuno Silva & Pedro Dias Moreira & Sónia Félix, 2021. "On the measurement of Portuguese firms’ fixed operating costs," Economic Bulletin and Financial Stability Report Articles and Banco de Portugal Economic Studies, Banco de Portugal, Economics and Research Department.
  34. Ngatno & Apriatni, Endang P, 2020. "Moderation Effects of Organisational Environment on the Relationship between Capital Structure and Financial Performance of Central Java Rural Banks, Indonesia," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 10(1), pages 78-93, January.
  35. Gregory Shailer, 1999. "The relevance of owner-manager signals and risk proxies to the pricing of bank loans," Accounting and Business Research, Taylor & Francis Journals, vol. 30(1), pages 57-72.
  36. Fattouh, Bassam & Scaramozzino, Pasquale & Harris, Laurence, 2005. "Capital structure in South Korea: a quantile regression approach," Journal of Development Economics, Elsevier, vol. 76(1), pages 231-250, February.
  37. Shah, Attaullah & Shah, Hamid Ali & Smith, Jason M. & Labianca, Giuseppe (Joe), 2017. "Judicial efficiency and capital structure: An international study," Journal of Corporate Finance, Elsevier, vol. 44(C), pages 255-274.
  38. Muhammad Mahmud, 2003. "The Relationship between Economic Growth and Capital Structure of Listed Companies: Evidence of Japan, Malaysia, and Pakistan," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 42(4), pages 727-750.
  39. Anwar, Sajid & Sun, Sizhong, 2015. "Can the presence of foreign investment affect the capital structure of domestic firms?," Journal of Corporate Finance, Elsevier, vol. 30(C), pages 32-43.
  40. Guney, Yilmaz & Li, Ling & Fairchild, Richard, 2011. "The relationship between product market competition and capital structure in Chinese listed firms," International Review of Financial Analysis, Elsevier, vol. 20(1), pages 41-51, January.
  41. Kayo, Eduardo K. & Kimura, Herbert, 2011. "Hierarchical determinants of capital structure," Journal of Banking & Finance, Elsevier, vol. 35(2), pages 358-371, February.
  42. Beattie, Vivien & Goodacre, Alan & Thomson, Sarah, 2000. "Operating leases and the assessment of lease-debt substitutability," Journal of Banking & Finance, Elsevier, vol. 24(3), pages 427-470, March.
  43. Mustafa Caglayan & Abdul Rashid, 2010. "The response of firms' leverage to uncertainty: Evidence from UK public versus non-public firms," Working Papers 2010019, The University of Sheffield, Department of Economics, revised Oct 2010.
  44. Daniela Venanzi & Alessia Naccarato, 2017. "The Capital Structure Choice of European Firms: The Role of Financial System and Institutional Setting," International Business Research, Canadian Center of Science and Education, vol. 10(12), pages 22-47, December.
  45. Xue-Feng Shao & Kostas Gouliamos & Ben Nan-Feng Luo & Shigeyuki Hamori & Stephen Satchell & Xiao-Guang Yue & Jane Qiu, 2020. "Diversification and Desynchronicity: An Organizational Portfolio Perspective on Corporate Risk Reduction," Risks, MDPI, vol. 8(2), pages 1-16, May.
  46. Annalisa Baldissera, 2022. "The Negotiated Settlement of the Crisis and the Cash Flows of Large Unlisted Italian Companies," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 75-91.
  47. San Martín, Pablo & Saona, Paolo, 2017. "Capital structure in the Chilean corporate sector: Revisiting the stylized facts," Research in International Business and Finance, Elsevier, vol. 40(C), pages 163-174.
  48. Mingdi Xin & Vidyanand Choudhary, 2019. "IT Investment Under Competition: The Role of Implementation Failure," Management Science, INFORMS, vol. 65(4), pages 1909-1925, April.
  49. bag, DINABANDHU, 2013. "Market Leverage Of Real Estate Firms In India: Empirical Study," OSF Preprints 3d7v4, Center for Open Science.
  50. Taieb Hamadi & Sami El Omari, & Wafa Khlif, 2012. "Poids De L'Avis De L'Expert Comptable Judiciaire Dans La Decision Du Juge En Matiere De Redressement Judiciaire : Cas De La Tunisie," Post-Print hal-00937922, HAL.
  51. Hossein Heidari & Dr. Hassan Ghodrati, 2014. "Evaluating the Relationship between the Past Information with Iranian Co. Capital Structure," International Journal of Management Sciences, Research Academy of Social Sciences, vol. 4(10), pages 455-467.
  52. de La Bruslerie, Hubert & Latrous, Imen, 2012. "Ownership structure and debt leverage: Empirical test of a trade-off hypothesis on French firms," Journal of Multinational Financial Management, Elsevier, vol. 22(4), pages 111-130.
  53. Samuel Jebaraj Benjamin & Zhuoan Feng & Pallab Kumar Biswas, 2023. "Negative Social Media Sentiments and Capital Structure," Capital Markets Review, Malaysian Finance Association, vol. 31(2), pages 1-22.
  54. Khoury, Nabil T. & Medina, Ephraïm, 1985. "La structure du capital : une synthèse des orientations théoriques et empiriques de la dernière décennie," L'Actualité Economique, Société Canadienne de Science Economique, vol. 61(3), pages 362-387, septembre.
  55. Shoaib Ali & Attiya Yasmin Javid, 2015. "Relationship between Credit Rating, Capital Structure and Earning Management Behaviour: Evidence from Pakistani Listed Firms," PIDE-Working Papers 2015:121, Pakistan Institute of Development Economics.
  56. Herrera, Ana Maria & Kolar, Marek & Minetti, Raoul, 2011. "Credit reallocation," Journal of Monetary Economics, Elsevier, vol. 58(6), pages 551-563.
  57. Dan S. Dhaliwal, 1985. "The Agency Cost Rationale For Refunding Discounted Bonds," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 8(1), pages 43-50, March.
  58. Muhammad Akhtar & Kong Yusheng & Muhammad Haris & Qurat Ul Ain & Hafiz Mustansar Javaid, 2022. "Impact of financial leverage on sustainable growth, market performance, and profitability," Economic Change and Restructuring, Springer, vol. 55(2), pages 737-774, May.
  59. Shahab U Din & Attiya Javid & Muhammad Imran, 2013. "External and Internal Ownership Concentration and Debt Decisions in an Emerging Market: Evidence from Pakistan," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 3(12), pages 1583-1597.
  60. Kinga Mazur, 2007. "The Determinants of Capital Structure Choice: Evidence from Polish Companies," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 13(4), pages 495-514, November.
  61. Owen Nyang'oro, 2016. "Determinants of Capital Structure of Listed Firms in Kenya and the Impact of Corporate Tax," Working Papers 329, African Economic Research Consortium, Research Department.
  62. Lee, Lillian & Chowdhury, Anup & Shubita, Moade, 2023. "Impact of Paris Agreement on financing strategy: Evidence from global FPSO industry," Technological Forecasting and Social Change, Elsevier, vol. 188(C).
  63. Shao, Lawrence Peter, 1997. "Capital structure norms among foreign subsidiaries of U.S. multinational enterprises," Global Finance Journal, Elsevier, vol. 8(1), pages 145-157.
  64. Süleyman Serdar KARACA & Arif SAVSAR, 2012. "The Effect Of Financial Ratios On The Firm Value: Evidence From Turkey," Journal of Applied Economic Sciences, Spiru Haret University, Faculty of Financial Management and Accounting Craiova, vol. 7(1(19)/ Sp), pages 56-63.
  65. Dilawar Ahmad Bhat & Udayan Chanda & Anil K. Bhat, 2023. "Does Firm Size Influence Leverage? Evidence from India," Global Business Review, International Management Institute, vol. 24(1), pages 21-30, February.
  66. Clifford F. Thies & Mark S. Klock, 1992. "Determinants Of Capital Structure," Review of Financial Economics, John Wiley & Sons, vol. 1(2), pages 40-52, March.
  67. Capobianco, Heloisa Márcia Pires & Fernandes, Elton, 2004. "Capital structure in the world airline industry," Transportation Research Part A: Policy and Practice, Elsevier, vol. 38(6), pages 421-434, July.
  68. Ahmed Sakr & Amina Bedeir, 2019. "Firm Level Determinants of Capital Structure: Evidence From Egypt," International Journal of Financial Research, International Journal of Financial Research, Sciedu Press, vol. 10(1), pages 68-85, January.
  69. Lord, Richard A. & McIntyre, James Jr., 2003. "Leverage, imports, profitability, exchange rates, and capital investment: a panel data study of the textile and apparel industries 1974-1987," International Review of Financial Analysis, Elsevier, vol. 12(3), pages 287-310.
  70. Purwohandoko, 2017. "The Influence of Firm¡¯s Size, Growth, and Profitability on Firm Value with Capital Structure as the Mediator: A Study on the Agricultural Firms Listed in the Indonesian Stock Exchange," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 9(8), pages 103-110, August.
  71. Luis García‐Feijóo & Randy D. Jorgensen, 2010. "Can Operating Leverage Be the Cause of the Value Premium?," Financial Management, Financial Management Association International, vol. 39(3), pages 1127-1154, September.
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  73. Abdul Rashid & Maryam Ashfaq, 2017. "Financial Constraints And Corporate Cash Holdings: An Empirical Analysis Using Firm Level Data," Annals of Financial Economics (AFE), World Scientific Publishing Co. Pte. Ltd., vol. 12(02), pages 1-26, June.
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