Table of contents
Changes in Corporate Debt Policy: Information Asymmetry and Agency Factors
Claire E. Crutchley, Marlin R.H. JensenThis paper tests how changes in information asymmetry and agency variables affect changes in debt policy. Unlike previous studies that examine levels of variables to explain what…
Asset Specificity and Corporate Governance: An Empirical Test
Woodrow W. Cushing, Daniel E. McCartyThis study develops a model for estimating an index measure of asset specificity based on the liquidation value of corporate firms and the proportional distribution of their…
An Empirical Assessment of Factors Affecting Corporate Debt Levels
John S. Jahera, William P. LloydDespite many efforts to develop a universally accepted theory of capital structure, observed capital structures do not appear to conform to existing theories. The objective of…
Determinants of Capital Structure: An Empirical Analysis of Firms In Industrialized Countries
V. Sivarama Krishnan, R. Charles MoyerThis paper examines the determinants of capital structure of large corporations of industrialized countries (excluding financial institutions and regulated utilities), using five…
Further Evidence on the Relation Between Corporate Ownership Structure and Debt Policy
James W. Wansley, M. Cary Collins, Amitabh S. DuttaRecent studies have shown that the level of insider holdings and firm value are related in a nonlinear manner. Other studies find that the level of debt in a firm's capital…
ISSN:
0307-4358Online date, start – end:
1975Copyright Holder:
Emerald Publishing LimitedOpen Access:
hybridEditor:
- Professor Don Johnson