create a website

Determinants of Capital Structure in Non-Financial Companies. (2014). Stieber, Harald ; Kuhnhausen, Fabian .
In: Discussion Papers in Economics.
RePEc:lmu:muenec:21167.

Full description at Econpapers || Download paper

Cited: 7

Citations received by this document

Cites: 41

References cited by this document

Cocites: 24

Documents which have cited the same bibliography

Coauthors: 0

Authors who have wrote about the same topic

Citations

Citations received by this document

  1. Correlation-and-regression analysis of the influence of macroeconomic factors on capital structure of Russian corporations under crisis conditions. (2021). Valerevna, Metelskaya Valeriya.
    In: Journal of Innovation and Entrepreneurship.
    RePEc:spr:joiaen:v:10:y:2021:i:1:d:10.1186_s13731-021-00160-w.

    Full description at Econpapers || Download paper

  2. “Has the ECB’s Monetary Policy Prompted Companies to Invest or Pay Dividends?”. (2019). Sosvilla-Rivero, Simon ; Gómez-Puig, Marta ; Cohen, Lior ; Gomez-Puig, Marta.
    In: IREA Working Papers.
    RePEc:ira:wpaper:201901.

    Full description at Econpapers || Download paper

  3. The determinants of SME capital structure across the lifecycle. (2019). O'Toole, Conor ; Martinez Cillero, Maria ; Lawless, Martina.
    In: Papers.
    RePEc:esr:wpaper:wp614.

    Full description at Econpapers || Download paper

  4. DETERMINANTS OF CAPITAL STRUCTURE – A SECTOR SPECIFIC APPROACH. (2018). Singh, Shailender ; Janor, Huwati ; Hedau, Amit.
    In: Romanian Economic Business Review.
    RePEc:rau:journl:v:13:y:2018:i:4:p:14-30.

    Full description at Econpapers || Download paper

  5. Determinants of the capital structure of TSL sector enterprises. (2017). Janina, Jdrzejczak-Gas.
    In: Management.
    RePEc:vrs:manmen:v:22:y:2017:i:1:p:122-139:n:13.

    Full description at Econpapers || Download paper

  6. Do financial crises alter the dynamics of corporate capital structure? Evidence from GCC countries. (2017). Zeitun, Rami ; Mimouni, Karim ; Temimi, Akram.
    In: The Quarterly Review of Economics and Finance.
    RePEc:eee:quaeco:v:63:y:2017:i:c:p:21-33.

    Full description at Econpapers || Download paper

  7. Towards a more comprehensive understanding of corporate leverage ratios. (2017). Griesshaber, Nicolas.
    In: IFC Bulletins chapters.
    RePEc:bis:bisifc:45-12.

    Full description at Econpapers || Download paper

References

References cited by this document

  1. Almazan A. and C. A. Molina (2005): ”Intra-Industry Capital Structure Dispersion”, Journal of Economics and Management Strategy, Vol. 14, No. 2, pp. 263-297.

  2. Antoniou, A., Y. Guney and K. Paudyal (2008): ”The Determinants of Capital Structure: Capital Market-oriented versus Bank-oriented Institutions ”, Journal of Financial and Quantitative Analysis, Vol. 43, No. 1, pp. 59-92.

  3. Aoki, K. and K. Nikolov (2012): ”Financial Disintermediation and Financial Fragility”, mimeo, European Central Bank, Frankfurt am Main.

  4. Bertomeu, J., A. Beyer and R. A. Dye (2011): ”Capital Structure, Cost of Capital, and Voluntary Disclosures”, The Accounting Review, Vol. 86, No. 3, pp. 857-886.
    Paper not yet in RePEc: Add citation now
  5. Bhamra, H. S., L. A. Kuehn and I. A. Strebulaev (2010): ”The Aggregate Dynamics of Capital Structure and Macroeconomic Risk”, Review of Financial Studies, Vol. 23, No. 12, pp. 4187-4241.
    Paper not yet in RePEc: Add citation now
  6. Bharath, S. T. and A. K. Dittmar (2010): ”Why Do Firms Use Private Equity to Opt Out of Public Markets?”, The Review of Financial Studies, Vol. 23, No. 5, pp. 1771-1818.

  7. Bharath, S. T., P. Pasquariello and G. Wu (2009): ”Does Asymmetric Information Drive Capital Structure Decisions?”, The Review of Financial Studies, Vol. 22, No. 8, pp. 3211-3243.

  8. Brav, O. (2009): ”Access to Capital, Capital Structure, and the Funding of the Firm”, Journal of Finance, Vol. 64, No. 1, pp. 263-308.

  9. Chen, C.-J. and C.-M. J. Yu (2011): ”FDI, Export, and Capital Structure - An Agency Theory Perspective”, Management International Review, Vol.51, pp. 295-320.

  10. De Jong, A., M. Verbeek and P. Verwijmeren (2011), ”Firms’ DebtEquity Decisions when the Static Tradeoff Theory and the Pecking Order Theory Disagree”, Journal of Banking and Finance, Vol. 35, No. 5, May, pp. 1303-1314.
    Paper not yet in RePEc: Add citation now
  11. Degryse, H., P. de Goeij and P. Kappert (2012): ”The Impact of Firm and Industry Characteristics on Small Firms’ Capital Structure”, Small Business Economics, Vol. 38, pp. 431-447.

  12. Denis, D. J. and S. B. McKeon (2012): ”Debt Financing and Financial Flexibility Evidence from Proactive Leverage Increases”, Review of Financial Studies, Vol. 25, No. 6, pp. 1897-1929.

  13. Driscoll, J. C. and A. C. Kraay (1998) ”Consistent Covariance Matrix Estimation with Spatially Dependent Panel Data”, Review of Economics and Statistics, Vol. 80, pp. 549-560.

  14. European Central Bank (ECB) (2013): ”Corporate Finance and Economic Activity in the Euro Area”, Structural Issues Report 2013, Occasional Paper Series No. 151, Task Force of the Monetary Policy Committee of the European System of Central Banks.

  15. Fan, J. P. H., S. Titman and G. Twite (2012): ”An International Comparison of Capital Structure and Debt Maturity Choices”, Journal of Financial and Quantitative Analysis, Vol. 47, No. 1, pp. 23-56.

  16. Faulkender, M. and M. A. Petersen (2006): ”Does the Source of Capital Affect Capital Structures?”, The Society of Financial Studies, Vol. 19, No. 1, pp. 45-79.
    Paper not yet in RePEc: Add citation now
  17. Feld, L. P., J. H. Heckemeyer and M. Overesch (2013): ”Capital Structure Choice and Company Taxation: A Meta-Study”, Journal of Banking & Finance, Vol. 37, pp. 2850-2866.
    Paper not yet in RePEc: Add citation now
  18. Frank, M. Z. and V. K. Goyal (2003): ”Testing the pecking order theory of capital structure”, Journal of Financial Economics, Vol. 67, pp. 217248.
    Paper not yet in RePEc: Add citation now
  19. Frank, M. Z. and V. K. Goyal (2009): ”Capital Structure Decisions: Which Factors are Reliably Important?”, Financial Management, Vol. 38, No. 1, pp. 1-37.

  20. Goldstein, R., N. Ju and H. Leland (2001): ”An EBIT-based Model of Dynamic Capital Structure”, Journal of Business, Vol. 74, No. 4, pp. 483-512.

  21. Harris, M. and A. Raviv (1991): ”The Theory of Capital Structure”, Journal of Finance, Vol. 46, No. 1, pp. 297-335.
    Paper not yet in RePEc: Add citation now
  22. Huang, R. and J. R. Ritter (2009): ”Testing Theories of Capital Structure and Estimating the Speed of Adjustment”, Journal of Financial and Quantitative Analysis, Vol. 44, No. 2, pp. 237-71.

  23. K oksal, B., C. Orman and A. Oduncu (2013): ”Determinants of Capital Structure: Evidence from a Major Emerging Market Economy”, working paper, available at SSRN: http://ssrn.com/abstract=2212648.

  24. Kraus, A. and R. H. Litzenberger (1973): ”A State-Preference Model of Optimal Financial Leverage”, Journal of Finance, Vol. 28, No. 4, pp. 911-922.

  25. La Rocca, M., T. La Rocca and A. Cariola (2011): ”Capital Structure Decisions During a Firms Life Cycle”, Small Business Economics, Vol. 37, pp. 107130.

  26. MacKay, and Phillips (2005): ”How Does Industry Affect Firm Financial Structure?”, Review of Financial Studies, Vol. 18, No. 4, pp. 1433-1466.

  27. Modigliani, F. and M. H. Miller (1958): ”The Cost of Capital, Corporate Finance and the Theory of Investment”, The American Economic Review, Vol. 48, pp. 261-297.
    Paper not yet in RePEc: Add citation now
  28. Myers, S. C. (1977): ”Determinants of Corporate Borrowing”, Journal of Financial Economics, Vol. 5, No. 2, pp. 147-175.
    Paper not yet in RePEc: Add citation now
  29. Myers, S. C. (1984): ”The Capital Structure Puzzle”, Journal of Finance, Vol. 39, No. 3, pp. 575-592.
    Paper not yet in RePEc: Add citation now
  30. Myers, S. C. (2001): ”Capital Structure”, Journal of Economic Perspectives, Vol. 15, No. 2, pp. 81-102.
    Paper not yet in RePEc: Add citation now
  31. Myers, S. C. and Majluf (1984): ”Corporate Financing and Investment Decisions when Firms Have Information that Investors do not have”, Journal of Financial Economics, Vol. 13, pp. 187-221.

  32. Nickell, S. and D. Nicolitsas (1999): ”How does financial pressure affect firms?”, European Economic Review, Vol. 43, No. 8, pp. 1435-1456.

  33. Oztekin, O. and M. J. Flannery (2012): ”Institutional Determinants of Capital Structure Adjustment Speeds”, Journal of Financial Economics, Vol. 103, pp. 88-112.
    Paper not yet in RePEc: Add citation now
  34. Petersen, M. (2009): ”Estimating Standard Errors in Finance Panel Data Sets: Comparing Approaches”, Review of Financial Studies, Vol. 22, pp. 435-480.

  35. Psillaki, M. and N. Daskalakis (2009): ”Are the Determinants of Capital Structure Country or Firm Specific?”, Small Business Economics, Vol. 33, No. 3, pp. 319-333.

  36. Rajan, R. G. and L. Zingales (1995): ”What Do We Know about Capital Structure? Some Evidence from International Data”, Journal of Finance, Vol. 50, No. 5, pp. 1421-1460.

  37. Shyam-Sunder, L. and Myers, S. C. (1999): ”Testing Static Tradeoff against Pecking Order Models of Capital Structure”, Journal of Financial Economics, Vol. 51, pp. 219-244.
    Paper not yet in RePEc: Add citation now
  38. Welch, I. (2004): ”Capital Structure and Stock Returns”, Journal of Political Economy, Vol. 112, No. 1, pp. 106-132.
    Paper not yet in RePEc: Add citation now
  39. Whited, T. M. and G. Wu (2006): ”Financial Constraints Risk”, Review of Financial Studies, Vol. 19, No. 2, pp. 531-559.
    Paper not yet in RePEc: Add citation now
  40. Wooldridge, J. M. (2002): Econometric Analysis of Cross Section and Panel Data, MIT Press, Cambridge, MA, USA.
    Paper not yet in RePEc: Add citation now
  41. World Bank (2013): World Development Indicators, available at: http://data.worldbank.org/data-catalog/ world-development-indicators .

Cocites

Documents in RePEc which have cited the same bibliography

  1. Branch Standards and Target Capital Structure in the Process of Investment Decision and Valuation of Enterprises. (2022). Hrd, Milan.
    In: Oceňování.
    RePEc:prg:jnloce:v:15:y:2022:i:2:id:2022_2_01:p:3-16.

    Full description at Econpapers || Download paper

  2. Firm size, corporate debt, R&D activity, and agency costs: Exploring dynamic and non-linear effects. (2022). Miller, Stephen ; Canarella, Giorgio.
    In: The Journal of Economic Asymmetries.
    RePEc:eee:joecas:v:25:y:2022:i:c:s1703494921000384.

    Full description at Econpapers || Download paper

  3. Network effects in corporate financial policies. (2022). LeSage, James ; Grieser, William ; Zekhnini, Morad ; Hadlock, Charles.
    In: Journal of Financial Economics.
    RePEc:eee:jfinec:v:144:y:2022:i:1:p:247-272.

    Full description at Econpapers || Download paper

  4. Firm, Industry and Macroeconomics Dynamics of Stock Returns: A Case of Pakistan Non-Financial Sector. (2021). Khan, Muhammad Asif ; Naseer, Mirza Muhammad ; Olah, Judit ; Popp, Jozsef.
    In: JRFM.
    RePEc:gam:jjrfmx:v:14:y:2021:i:5:p:190-:d:540877.

    Full description at Econpapers || Download paper

  5. Dynamic modeling of idiosyncratic risk under economic sensitivity. A case of Pakistan. (2020). Naveed, Muhammad ; Hanif, Hasan ; McMillan, David.
    In: Cogent Economics & Finance.
    RePEc:taf:oaefxx:v:8:y:2020:i:1:p:1838734.

    Full description at Econpapers || Download paper

  6. R&D Expenditure in a Competitive Landscape: A Game Theoretic Approach. (2020). Rahman, Syed Mizanur ; Ali, Salman.
    In: International Journal of Business and Economics.
    RePEc:ijb:journl:v:19:y:2020:i:1:p:47-60.

    Full description at Econpapers || Download paper

  7. Firm Size, Corporate Debt, R&D Activity, and Agency Costs: Exploring Dynamic and Non-Linear Effects. (2019). Miller, Stephen ; Canarella, Giorgio.
    In: Working papers.
    RePEc:uct:uconnp:2019-05.

    Full description at Econpapers || Download paper

  8. Impact of the Financial Structure on the Efficiency of Entrepreneurs in Serbia. (2017). Lepojevic, Vinko ; Stevanovic, Tatjana ; Ivanovic-Djukic, Maja.
    In: Montenegrin Journal of Economics.
    RePEc:mje:mjejnl:v:13:y:2017:i:3:p:19-30.

    Full description at Econpapers || Download paper

  9. Impact of the Financial Structure on the Efficiency of Entrepreneurs in Serbia. (2017). Lepojevic, Vinko ; Stevanovic, Tatjana ; Ivanovic-Djukic, Maja.
    In: Montenegrin Journal of Economics.
    RePEc:mje:mjejnl:v:12:y:2017:i:3:p:19-30.

    Full description at Econpapers || Download paper

  10. When do peers matter? A cross-country perspective. (2016). HASAN, IFTEKHAR ; Kostova, Gergana L ; Francis, Bill B.
    In: Bank of Finland Research Discussion Papers.
    RePEc:zbw:bofrdp:rdp2016_008.

    Full description at Econpapers || Download paper

  11. When do peers matter?: A cross-country perspective. (2016). HASAN, IFTEKHAR ; Kostova, Gergana L ; Francis, Bill B.
    In: Research Discussion Papers.
    RePEc:bof:bofrdp:2016_008.

    Full description at Econpapers || Download paper

  12. Culture of Trust and Division of Labor. (2015). Meier, Stephan ; Stephenson, Matthew.
    In: IZA Discussion Papers.
    RePEc:iza:izadps:dp8974.

    Full description at Econpapers || Download paper

  13. The Supply Chain Effects of Bankruptcy. (2015). Birge, John ; Parker, Rodney P ; Yang, Alex S.
    In: Management Science.
    RePEc:inm:ormnsc:v:61:y:2015:i:10:p:2320-2338.

    Full description at Econpapers || Download paper

  14. The influence of industry concentration on merger motives—empirical evidence from machinery industry mergers. (2014). Geiger, Florian ; Schiereck, Dirk.
    In: Journal of Economics and Finance.
    RePEc:spr:jecfin:v:38:y:2014:i:1:p:27-52.

    Full description at Econpapers || Download paper

  15. Determinants of Capital Structure in Non-Financial Companies. (2014). Stieber, Harald ; Kuhnhausen, Fabian .
    In: Discussion Papers in Economics.
    RePEc:lmu:muenec:21167.

    Full description at Econpapers || Download paper

  16. Property Segment and REIT Capital Structure. (2011). Giambona, Erasmo ; Ertugrul, Mine.
    In: The Journal of Real Estate Finance and Economics.
    RePEc:kap:jrefec:v:43:y:2011:i:4:p:505-526.

    Full description at Econpapers || Download paper

  17. Incorporating demand-side aspects into regional policy: variations in the importance of private investment decision factors across regions. (2010). Azzoni, Carlos ; Kalatzis, Aquiles.
    In: The Annals of Regional Science.
    RePEc:spr:anresc:v:44:y:2010:i:1:p:69-82.

    Full description at Econpapers || Download paper

  18. Capital Structure Decisions: Which Factors are Reliably Important?. (2009). Goyal, Vidhan ; Frank, Murray.
    In: MPRA Paper.
    RePEc:pra:mprapa:22525.

    Full description at Econpapers || Download paper

  19. Trade Receivables Policy of Distressed Firms and Its Effect on the Costs of Financial Distress. (2009). Molina Manzano, Carlos ; Preve, Lorenzo A..
    In: Financial Management.
    RePEc:bla:finmgt:v:38:y:2009:i:3:p:663-686.

    Full description at Econpapers || Download paper

  20. Capital Structure Decisions: Which Factors Are Reliably Important?. (2009). Goyal, Vidhan ; Frank, Murray.
    In: Financial Management.
    RePEc:bla:finmgt:v:38:y:2009:i:1:p:1-37.

    Full description at Econpapers || Download paper

  21. Non-linearity in the determinants of capital structure: evidence from UK firms. (2008). Scaramozzino, Pasquale ; Harris, Laurence ; Fattouh, Bassam.
    In: Empirical Economics.
    RePEc:spr:empeco:v:34:y:2008:i:3:p:417-438.

    Full description at Econpapers || Download paper

  22. Debt financing: Does it boost or hurt firm performance in product markets?. (2006). Campello, Murillo.
    In: Journal of Financial Economics.
    RePEc:eee:jfinec:v:82:y:2006:i:1:p:135-172.

    Full description at Econpapers || Download paper

  23. The Determinants of Capital Structure: Evidence from an Economy without Stock Market. (2004). Munyo, Ignacio.
    In: Econometric Society 2004 Latin American Meetings.
    RePEc:ecm:latm04:267.

    Full description at Econpapers || Download paper

  24. Is There an Optimal Industry Financial Structure?. (2002). Phillips, Gordon ; MacKay, Peter .
    In: NBER Working Papers.
    RePEc:nbr:nberwo:9032.

    Full description at Econpapers || Download paper

Coauthors

Authors registered in RePEc who have wrote about the same topic

Report date: 2025-10-04 07:17:15 || Missing content? Let us know

CitEc is a RePEc service, providing citation data for Economics since 2001. Last updated August, 3 2024. Contact: Jose Manuel Barrueco.