Capital Structure

Capital Structure
Author: Ahmed Riahi-Belkaoui
Publisher: Praeger
Total Pages: 238
Release: 1999-02-28
Genre: Business & Economics
ISBN:

This text uses theoretical and contingency approaches to examine the question of whether capital structure can be determined. Using a bond rating model it looks at the evaluation of capital structure, the resolution of issues pertaining to equity and liabilities, and their contribution to reports

Capital Structure and Corporate Financing Decisions

Capital Structure and Corporate Financing Decisions
Author: H. Kent Baker
Publisher: John Wiley & Sons
Total Pages: 504
Release: 2011-03-31
Genre: Business & Economics
ISBN: 1118022947

A comprehensive guide to making better capital structure and corporate financing decisions in today's dynamic business environment Given the dramatic changes that have recently occurred in the economy, the topic of capital structure and corporate financing decisions is critically important. The fact is that firms need to constantly revisit their portfolio of debt, equity, and hybrid securities to finance assets, operations, and future growth. Capital Structure and Corporate Financing Decisions provides an in-depth examination of critical capital structure topics, including discussions of basic capital structure components, key theories and practices, and practical application in an increasingly complex corporate world. Throughout, the book emphasizes how a sound capital structure simultaneously minimizes the firm's cost of capital and maximizes the value to shareholders. Offers a strategic focus that allows you to understand how financing decisions relates to a firm's overall corporate policy Consists of contributed chapters from both academics and experienced professionals, offering a variety of perspectives and a rich interplay of ideas Contains information from survey research describing actual financial practices of firms This valuable resource takes a practical approach to capital structure by discussing why various theories make sense and how firms use them to solve problems and create wealth. In the wake of the recent financial crisis, the insights found here are essential to excelling in today's volatile business environment.

Capital Structure, Equity Ownership and Corporate Performance

Capital Structure, Equity Ownership and Corporate Performance
Author: Krishna Dayal Pandey
Publisher: Taylor & Francis
Total Pages: 150
Release: 2023-08-16
Genre: Business & Economics
ISBN: 100092498X

This book provides empirical insights into the relationship between capital and equity-ownership structure of Indian manufacturing companies and their financial performance. It discusses and analyses the basic theories and concepts associated with capital structure, debt financing, levered and unlevered firms, the various forms of ownership, agency problem and its kind and the exploitation of minority owners by the large and largest owners. The study employs a set of the most reliable and suitable econometric estimation techniques to draw meaningful inferences on the Indian manufacturing sector. The novelty of this book lies in three particular aspects: the depth and dimension with which the topic is addressed; the robust empirical evidence that it has produced and the simple and intelligible approach with which it is authored. It communicates the crucial relevance of corporate capital structure and equity-ownership to the moderation of agency relationship and shaping the internal governance mechanism, which ultimately results in increased or decreased operational efficiency and financial performance. It will enable readers to understand whether an increased amount of debt capital would bring about positive results for firms or create an extra burden on the management of their finances, preventing them from taking productive investment decisions due to the threat of liquidation. The book will find an audience among advanced students, scholars and researchers who are interested in understanding the corporate finance practices and governance mechanism of Indian organizations.

Business Environment and Firm Entry

Business Environment and Firm Entry
Author: Leora Klapper
Publisher: World Bank Publications
Total Pages: 60
Release: 2004
Genre: Business law
ISBN:

"Using a comprehensive database of firms in Western and Eastern Europe, we study how the business environment in a country drives the creation of new firms. Our focus is on regulations governing entry. We find entry regulations hamper entry, especially in industries that naturally should have high entry. Also, value added per employee in naturally "high entry" industries grows more slowly in countries with onerous regulations on entry. Interestingly, regulatory entry barriers have no adverse effect on entry in corrupt countries, only in less corrupt ones. Taken together, the evidence suggests bureaucratic entry regulations are neither benign nor welfare improving. However, not all regulations inhibit entry. In particular, regulations that enhance the enforcement of intellectual property rights or those that lead to a better developed financial sector do lead to greater entry in industries that do more R & D or industries that need more external finance"--National Bureau of Economic Research web site.

Capital Structure and Firm Performance

Capital Structure and Firm Performance
Author: Ewelina Sokołowska
Publisher: Taylor & Francis
Total Pages: 160
Release: 2024-12-11
Genre: Business & Economics
ISBN: 1040300804

In the complex world of finance, understanding the relationship between a company's capital structure and its overall performance is crucial. This book offers a comprehensive exploration of the interdependence between capital structure decisions and business performance, with a specific focus on German-listed companies. It provides valuable insights into the intricate dynamics of corporate finance. Through a blend of theoretical frameworks, empirical research, and practical applications, the book presents readers with a thorough understanding of how capital structure decisions impact a company's profitability, risk profile, and long-term sustainability. From traditional theories of capital structure to cutting-edge empirical methodologies, the book outlines the latest developments in the field, offering practical tools and strategies for optimising financial decision-making. Moreover, the book explores how different regions and global trends influence capital structure decisions, providing a comprehensive examination of varying practices and the factors that shape them. It delves into specific aspects influencing global capital structures, including an analytical comparison of capital structures across key global markets such as the United States, the European Union, and China. This comparison highlights how economic, cultural, and market dynamics influence corporate leverage decisions. The impact of technological innovations and their role in reshaping financial strategies are also discussed. Designed for scholars, researchers, and advanced students in finance and economics, this book serves as a definitive reference for understanding the complex dynamics of corporate finance. With its rigorous analysis and practical insights, it equips readers with the knowledge and analytical tools needed to navigate the challenges of capital structure decision-making in today's dynamic business environment.

Payout Policy

Payout Policy
Author:
Publisher:
Total Pages: 83
Release: 2007
Genre: Corporations
ISBN: 9781846632563

Dividend policy continues to be among the premier unsolved puzzles in finance. A number of theories have been advanced to explain dividend policy. This e-book briefly reviews the principal theories of payout policy and dividend policy and summarizes the empirical evidence on these theories. Empirical evidence is equivocal and the search for new explanation for dividends continues.

Empirical Capital Structure

Empirical Capital Structure
Author: Christopher Parsons
Publisher: Now Publishers Inc
Total Pages: 107
Release: 2009
Genre: Business & Economics
ISBN: 160198202X

Empirical Capital Structure reviews the empirical capital structure literature from both the cross-sectional determinants of capital structure as well as time-series changes.

Doing Research in Business and Management

Doing Research in Business and Management
Author: Dan Remenyi
Publisher: SAGE
Total Pages: 320
Release: 1998-09-14
Genre: Business & Economics
ISBN: 9780761959502

Doing Research in Business and Management has been written to help students obtain a thorough understanding of the main methodological issues and options that are available to them as business and management researchers undertaking a masters or doctoral degree. Doing Research in Business and Management takes the reader through all of the important issues that need to be understood if a competent piece of research is to be produced at the masters or doctoral level in the business and management studies. The authors explain the interrelationship between the theoretical and empirical research as well as the differences between positivism and phenomenology. Not only do they put these concepts in context for the business and management student, but they go on to discuss how these different approaches are used in practice. Furthermore, the authors discuss the implications of quantitative and qualitative approaches to research. The book offers high-level advice on different numerical techniques available to researchers as well as different software packages that may be used for analyzing qualitative data. The book also discusses the use of the Internet to support research in masters and doctoral programs.

Understanding Return on Investment

Understanding Return on Investment
Author: George T. Friedlob
Publisher: John Wiley & Sons
Total Pages: 254
Release: 1996-05-03
Genre: Business & Economics
ISBN: 9780471103721

Sending an SOS when it comes to ROIs? Help is on the way . . . UNDERSTANDING RETURN ON INVESTMENT Return on investment (ROI) plays a major role in business, but itcan be a difficult concept to grasp. Understanding Return onInvestment shows you how to better utilize this essential tool bysimplifying and clarifying all its important points. Thisinvaluable guide includes information on: * The effect of ROI on investment and disinvestment decisions * The various forms of ROI and how they provide different measuresfor evaluating investment activities * The relationship of ROI to ROE (return on equity) * The use of ROI in evaluating investment centers in adecentralized operation * How ROI is used to evaluate managers * The use of weighted average cost of capital (WACC) in makinginvestment decisions If you use ROI, but are confused or unclear about some of itsdetails, you'll definitely profit from Understanding Return onInvestment, a complete guide to this all-important performanceindicator.