Relationship Between Capital Structure And Cost Of Capital Pdf

  • and pdf
  • Friday, April 16, 2021 11:13:54 AM
  • 2 comment
relationship between capital structure and cost of capital pdf

File Name: relationship between capital structure and cost of capital .zip
Size: 21646Kb
Published: 16.04.2021

Skip to Main Content. A not-for-profit organization, IEEE is the world's largest technical professional organization dedicated to advancing technology for the benefit of humanity. Use of this web site signifies your agreement to the terms and conditions.

In economics and accounting , the cost of capital is the cost of a company's funds both debt and equity , or, from an investor's point of view "the required rate of return on a portfolio company's existing securities". It is the minimum return that investors expect for providing capital to the company, thus setting a benchmark that a new project has to meet.

A survey of the relation between capital structure and corporate strategy. Gerace , University of Wollongong. This paper responds to the general call for integration between finance and strategy research by examining how financial decisions are related to corporate strategy. In particular, the paper focuses on the link between capital structure and strategy.

Cost of capital

This research established simultaneous equations of capital structure and corporation performance, applicant INN to estimate the equation and then find out the interactive relationship between capital structure and corporation performance. The results show that capital structure and corporation performance exist interactive relationship and capital structure, growth ability, equity concentration, board and corporation scale will significantly influence corporation performance.

Profitability, growth ability, debt paying ability, collateral value of assets and enterprise scale will significantly influence capital structure. Aghion, P. An incomplete contracts approach to financial contracting. The Review of Economic Studies , 59 3 , Bennedsen, M. Do CEOs matter? Berger, A. A more complete conceptual framework for SME finance. Brealey, R. Informational asymmetries, financial structure, and financial intermediation. The Journal of Finance , 32 2 , Durand, D.

Costs of debt and equity funds for business: Trends and problems of measurement. In Conference on Research in Business Finance pp. Jensen, M. Theory of the firm: Managerial behavior, agency costs, and ownership structure pp.

Springer Netherlands. Korajczyk, R. Capital structure choice: Macroeconomic conditions and financial constraints.

Journal of Financial Economics , 68 1 , Lease, R. An investigation of market microstructure impacts on event study returns.

The Journal of Finance , 46 4 , Minnick, K. Do corporate governance characteristics influence tax management? Journal of Corporate Finance , 16 5 , Modigliani, F. The cost of capital, corporation finance and the theory of investment. The American Economic Review , Myers, S. Still searching for optimal capital structure. Are the distinctions between debt and equity disappearing. Journal of Applied Corporate Finance, Corporate financing and investment decisions when firms have information that investors do not have.

Journal of Financial Economics , 13 2 , Ross, S. The determination of financial structure: The incentive-signalling approach. The Bell Journal of Economics , Smith, Jr, C. The investment opportunity set and corporate financing, dividend, and compensation policies. Journal of financial Economics , 32 3 , Su, X. Analysis on the measures to improve compensation management in SMEs in China.

Yermack, D. Higher market valuation of companies with a small board of directors. Journal of Financial Economics , 40 2 , Zhao, X. Performance change and its influence factors in IPO-an empirical study on China growth enterprise market. Advances in Applied Economics and Finance , 1 4 , Share us to:. We only use three mailboxes as follows to deal with issues about paper acceptance, payment and submission of electronic versions of our journals to databases: caooc hotmail.

Management Science and Engineering. Font Size. User Username Password Remember me. Notifications View Subscribe. Journal Help. Full Text: PDF. References Aghion, P. Atlantis Press. Remember me.

The Relationship between Capital Structure and Commercial Bank Performance: A Panel Data Analysis

Capital structure is very important, especially the decision which concern with this problem, because the profitability of a company is directly affected by such decision. The successful choice and use of capital is one of the key components of the enterprises financial strategy. This means that it is the vital to pay attention and proper care capital structure. The aim of this paper is to investigate the relationship between capital structure and profitability of the limited liability companies from an agricultural sector in the Czech Republic over the past six year period from to Data was obtained and processed from the database of enterprises of Albertina and was analyzed by using descriptive statistics, i. The results of this paper describe a small negative correlation between the debt ratios and profitability ratios. Abor, J.

This paper investigates the determinants of the capital structure of large corporations headquartered in the United States and Korea. With our rigid criteria for inclusion in the study, we study the top thirteen companies by size in each of seven industries. Kim, H. Emerald Group Publishing Limited. Report bugs here. Please share your general feedback.

To browse Academia. Skip to main content. By using our site, you agree to our collection of information through the use of cookies. To learn more, view our Privacy Policy. Log In Sign Up. Download Free PDF.

A Comparison of Capital Structure Determinants: The United States and The Republic of Korea

This research established simultaneous equations of capital structure and corporation performance, applicant INN to estimate the equation and then find out the interactive relationship between capital structure and corporation performance. The results show that capital structure and corporation performance exist interactive relationship and capital structure, growth ability, equity concentration, board and corporation scale will significantly influence corporation performance. Profitability, growth ability, debt paying ability, collateral value of assets and enterprise scale will significantly influence capital structure. Aghion, P.

Skip to search form Skip to main content You are currently offline. Some features of the site may not work correctly. Kaviani and S. Fahim and M. Batebi and M.

A Comparison of Capital Structure Determinants: The United States and The Republic of Korea

 Это его прерогатива. Я плачу вам за то, чтобы вы следили за отчетностью и обслуживали сотрудников, а не шпионили за моим заместителем. Если бы не он, мы бы до сих пор взламывали шифры с помощью карандаша и бумаги. А теперь уходите! - Он повернулся к Бринкерхоффу, с побледневшим лицом стоявшему возле двери.  - Вы оба.

Без воска, Дэвид. Она просияла и прижала записку к груди. Это был Дэвид, кто же. Без воска… Этот шифр она еще не разгадала. Что-то шевельнулось в углу. Сьюзан подняла .

Сьюзан наклонилась и подняла. Это было письмо. Дорогие друзья, сегодня я свожу счеты с жизнью, не в силах вынести тяжести своих грехов… Не веря своим глазам, Сьюзан медленно читала предсмертную записку. Все это было так неестественно, так непохоже на Хейла, а список преступлений больше напоминал перечень сданного в прачечную белья. Он признался во всем - в том, как понял, что Северная Дакота всего лишь призрак, в том, что нанял людей, чтобы те убили Энсея Танкадо и забрали у него кольцо, в том, что столкнул вниз Фила Чатрукьяна, потому что рассчитывал продать ключ от Цифровой крепости. Сьюзан дошла до последней строки.

A Comparison of Capital Structure Determinants: The United States and The Republic of Korea

Однако я уверяю тебя, что ТРАНСТЕКСТ он любит куда больше своей дражайшей супруги.

2 Comments

  1. Jodie R. 17.04.2021 at 21:35

    Windows security log quick reference chart pdf harley davidson sportster repair manual pdf

  2. Eustaquia C. 18.04.2021 at 07:12

    Do leverage decisions mediate the relationship between board structure and insolvency risk? A comparative mediating role of capital structure and debt maturity.