Purpose The present study aims to analyse the literature on capital structure theories for the
last 21 years to identify the existing gaps and themes for prospective researchers in this …

We test capital structure adjustments under dynamic trade-off theory using the standard
partial adjustment framework, in light of long-and short-run economic policy uncertainties …

This paper examines the effect of economic policy uncertainty (EPU) on firm-level
investment and corporate financial leverage. The panel data of 1072 firms traded on the …

Business managers strive to attain the optimal capital structure (OCS), which allows them to
raise capital at a minimal cost, thereby maximising their returns. Balancing risk and reward is …

Purpose This paper aims to identify and discuss new and novel business paradigms in
China and India. In addition, this study examines the new business environment in those …

The purpose of this paper is to examine the determinants of financial performance, firm
liquidity and financial leverage of Indian listed firms. This study uses both static models …

Our research investigates the connection between firm characteristics and leverage based
on a sample of firms listed in the Chinese Stock Index 300. We aim to examine the …

This study examines the existence of the dynamism of capital structure in Pakistan for the
period from 2003 to 2012, with specific objectives of estimating the adjustment speed and …

The capital structure appears to be one of the most researched and the most controversial
areas in modern corporate finance. Prior literature on determinants of capital structure has …

Purpose The aim of this study is to empirically examine firm-specific factors that influence the
financing decisions of companies listed on BSE-500 index. Firm-specific variables such as …