Purpose–The purpose of this paper is to use a dynamic model to investigate capital structure
determinants for 178 firms listed on the Johannesburg Stock Exchange for the period 1998 …

This article empirically tests the two competing theories of capital structure: Trade-off theory
against Pecking Order theory using the time series hypothesis. This study is performed for …

Totally 260 Estonian non‐financial companies are divided into small‐, medium‐and large‐
companies, each sample being analysed by correlation‐regression method in two aspects …

90 a odvíjí se zejména od hospodáfiské politiky zemû, obecnû od jednání subjektÛ vnû
podniku. Aktivity vnûj‰ ích subjektÛ v první fiadû ovliv-Àují samotn pfiístup podnikÛ k …

This study sought to examine the effect of capital on the financial performance of commercial
banks in Kenya. The specific objectives of the study were to determine the effects of core …

Purpose–Small privately held firms extensively use debt provided by principal owners and
households (inside-debt) as an alternative capital source to straight equity capital. The …

This paper examines the relative importance of four factors in the capital structure decisions
of Romanian listed firms. The existing empirical research on capital structure has been …

Pomimo podejmowania wielu badań, zależność miĊdzy poziomem zadłuY żenia a
rentownością nie jest jednoznacznie oNreślona w literaturze z zaNresu finansόw. Nie …

This paper attempts to explain how an accounting equation evolves overtime. The paper
looks at the accounting equation by using trade off theory and positive accounting theory …

In corporate finance, dividend policy is considered as one of the most challenging area of
strategic financial decision. The earlier studies on dividend policy have primarily focused on …