Corporate governance and capital structure dynamics

Corporate governance and the dynamics of capital structure

Corporate governance has a distinct effect on the speed of capital structure adjustment: weak governance firms that are underlevered tend to adjust slowly to ...

Corporate Governance and Capital Structure Dynamics - 2012

We develop a dynamic tradeoff model to examine the importance of manager–shareholder conflicts in capital structure choice.

Corporate Governance and Capital Structure Dynamics - jstor

and capital structure dynamics. Our purpose in this paper is to examine the importance of manager shareholder conflicts in leverage choice and to characterize ...

Corporate governance and capital structure dynamics

The capital structure of the sample companies is determined by the ratio of total debt to total debt plus the market value of equity. Corporate ...

Full article: Corporate governance and capital structure: dynamic ...

The threshold for corporate governance is based on managerial ownership (Managerial). Tangibility (FA_TA), growth (SA_Gr), liquidity (CUR_A), ...

Corporate Governance and Capital Structure Dynamics

We develop a dynamic tradeoff model to examine the importance of manager-shareholder conflicts in capital structure choice.

Corporate Governance and Capital Structure Dynamics

In our paper, Corporate Governance and Capital Structure Dynamics, forthcoming in the Journal of Finance, we examine the importance of ...

(PDF) Corporate Governance and Capital Structure Dynamics

PDF | Consistent with theoretical predictions, we find that both a higher level of financial leverage and a faster speed of adjustment of leverage.

CORPORATE GOVERNANCE AND CAPITAL STRUCTURE ...

The effect of corporate governance on leverage adjustments is most pronounced when initial leverage is between the manager's desired level and ...

Corporate governance and dynamics capital structure: evidence ...

This paper examines the relationship between corporate governance and speed of adjustment (SOA) of capital structure for listed firms in Vietnam from 2000 to ...

Corporate Governance And Capital Structure Dynamics

Consistent with theoretical predictions, we find that both a higher level of financial leverage and a faster speed of adjustment of leverage ...

Corporate governance and capital structure dynamics - Infoscience

We develop a dynamic tradeoff model to examine the importance of managershareholder conflicts in capital structure choice. In the model, firms face taxation ...

Corporate Governance and Capital Structure Dynamics

We develop a dynamic tradeoff model to examine the importance of manager—shareholder conflicts in capital structure choice. In the model, firms face ...

Corporate Governance and Capital Structure Dynamics

Abstract. We develop a dynamic tradeoff model to examine the importance of manager–shareholder conflicts in capital structure choice. In the model, firms face ...

Corporate Governance and Capital Structure Dynamics - EconBiz

Morellec, Nikolov, and Schürhoff (2012) predict that a self-interested manager prefers a leverage level that is lower than the shareholders' desired level, ...

Corporate Governance and Capital Structure Dynamics | Request PDF

Request PDF | Corporate Governance and Capital Structure Dynamics | We develop a dynamic tradeoff model to examine the importance of ...

CORPORATE GOVERNANCE AND CAPITAL STRUCTURE ...

The effect of corporate governance on leverage adjustments is most pronounced when initial leverage is between the manager's desired level and the shareholders' ...

Corporate Governance Quality and Capital Structure Dynamics

The findings show that in over-levered firms, the adjustment speed of capital structure is slower with weak corporate governance. This result ...

Corporate governance, capital structure, and firm performance

Agency theory underpins the practice of CG. The primary tenet of this theory is that there is a working relationship in the form of a ...

Multinationality and Capital Structure Dynamics: A Corporate ...

Furthermore, strong corporate governance is associated with a faster speed of adjustment to capital structure. This relationship is more pronounced for MNCs ...