Search Results for: Capital Structure Dynamics With Interrelated Adjustment

This paper uses a dynamic unrestricted capital structure model to examine the determinants of the private companies' target financial leverage and the speed of

Despite ample research on corporate financing decisions, there is a growing interest in deepening our understanding of how firms structure their financing needs

Despite significant theoretical and empirical developments in the capital structure literature, the trade-off theory and the related question of the optimality

Capital structure theory is one of the most dynamic areas of finance and forms the basis for modern thinking on the capital structure of firms. Much controversy