Webprofitability and leverage (Titman and Wessels (1988), Rajan and Zingales (1995), Fama and French (2002) and Frank and Goyal (2007)). Debt conservatism The trade-off theory predicts that the marginal tax benefit of debt should be equal to marginal expected bankruptcy cost. The evidence about this is mixed. Some researchers argue that the
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WebAnte as diferentes abordagens sobre a estrutura de capital, os seus fatores determinantes receberam atenção nas pesquisas de Donaldson (1969); Myers (1984); Leland e Pyle (1977); Barton e Gordon (1987, 1988); Titman e Wessels (1988); Harris e Haviv (1991); Perobelli e Famá (2002); Sobreira, Rente e Figueiredo (2005) ao analisarem a ... WebMay 1, 2010 · Titman and Wessels (1988) utilize a structural-equations model (LISREL) to find out the latent determinants of capital structure. Maddala and Nimalendran (1996) indicate that the problematic model specification causes the poor results in Titman and Wessels’ research. Chang, Lee, & Lee (2009) apply a Multiple Indicators and Multiple …
WebMar 11, 2005 · Moreover, consistent with Titman (1984) and Titman and Wessels (1988), only the proportion of purchases from suppliers in industries producing durable products … Webrelated to the correlation between uniqueness and capital structure can be explained through a study by (Titman & Wessels, 1988) discovering the negative influence between uniqueness and capital structure. The more unique the products manufactured by the company, it will need more unique employees and suppliers. This condition
WebFeb 1, 1999 · More recently, however, Titman and Wessels (1988), using a latent variables approach, have found only mixed evidence for the role of the factors predicted by the static tradeoff theory. Other studies provide more direct evidence that firms adjust toward a … WebApr 12, 2024 · Tuesday, October 4, 2024, 1pm EdT. As part of the Wildenstein Plattner Institute’s webinar series Pop Places 1958–1966, curator and art historian Susan …
WebTHE JOURNAL OF FINANCE * VOL. XLIII, NO. 1 * MARCH 1988 The Determinants of Capital Structure Choice SHERIDAN TITMAN and ROBERTO WESSELS* ABSTRACT This paper …
Web123doc Cộng đồng chia sẻ, upload, upload sách, upload tài liệu , download sách, giáo án điện tử, bài giảng điện tử và e-book , tài liệu trực tuyến hàng đầu Việt Nam, tài liệu về tất cả các lĩnh vực kinh tế, kinh doanh, tài chính ngân hàng, công nghệ thông how do you contract trichomonas vaginalisWebrecently, however, Titman and Wessels (1988), using a latent variables approach, have found only mixed evidence for the role of the factors predicted by the static trade-off theory. Other studies provide more direct evidence that firms adjust toward a target debt ratio. Taggart (1977), Marsh (1982), Auerbach (1984) and Jalilvand and Harris ... how do you contract ramsay hunt syndromeWebcorporate debt ratios (e.g., Titman and Wessels 1988; Rajan and Zingales 1995; Graham 1996a; Hovakimian, Opler, and Titman 2001) generally support the notion that firms strive to maintain target capital structures. For example, observed (Journal of … how do you contract typhusWebKale&Shahrur, 2007; Titman, 1984; Titman&Wessels, 1988). Titman (1984) and Titman and Wessels (1988)provide empirical support for the proposition that a customer experiences high switching costs when its supplier is liquidated. Chu (2012) provides both theoretical ex-planations and empirical evidence that firm leverage decreases with how do you contract trichWebKết quả bài nghiên cứu này mong đợi là đòn bẩy sẽ tương quan âm với tăng trưởng (xem Titman và Wessels 1988; Lang và cộng sự, 1996). Nhưng nếu chi phí tái hợp đồng được giữ ở mức thấp thì các các khoản đầu tư dưới mức … how do you contract ureaplasmaWebTitman, S. and Wessels, R. (1988) The Determinants of Capital Structure Choice. The Journal of Finance, 43, 1-19. http://dx.doi.org/10.1111/j.1540-6261.1988.tb02585.x has … how do you contract marburg virusWebMar 11, 2005 · Moreover, consistent with Titman (1984) and Titman and Wessels (1988), only the proportion of purchases from suppliers in industries producing durable products (where specific investments are likely to be more important) drives this result. We also examine whether the supplier's leverage ratios are affected by the presence of principal … how do you contract trichomoniasis