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Heterogeneity in the Speed of Capital Structure Adjustment across Countries and over the Business Cycle
16 references·16 citing·21 second hopsampled
Heterogeneity in the Speed of Capital Structure Adjustment across Countries and over the Business Cycle (2014)Heterogeneity in the Speed of Capital Str…Econometric Analysis of Panel Data (2021)Econometric Analysis of Panel…The cost of capital, corporation finance and the theory of investment (2008)The cost of capital, corporat…Investor Protection and Corporate Valuation (2002)Investor Protection and Corpo…The theory and practice of corporate finance: evidence from the field (2001)The theory and practice of co…The separation of ownership and control in East Asian Corporations (2000)The separation of ownership a…Law and Finance (1998)Law and FinanceInitial conditions and moment restrictions in dynamic panel data models (1998)Initial conditions and moment…Legal Determinants of External Finance (1997)Legal Determinants of Externa…What Do We Know about Capital Structure? Some Evidence from International Data (1995)What Do We Know about Capital…Initial conditions and moment restrictions in dynamic panel data models (1995)Initial conditions and moment…Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations (1991)Some Tests of Specification f…Performance Pay and Top-Management Incentives (1990)Performance Pay and Top-Manag…Corporate financing and investment decisions when firms have information that investors do not have (1984)Corporate financing and inves…Biases in Dynamic Models with Fixed Effects (1981)Biases in Dynamic Models with…CORPORATE INCOME TAXES AND THE COST OF CAPITAL: A CORRECTION (1963)CORPORATE INCOME TAXES AND TH…The Cost of Capital, Corporation Finance and the Theory of Investment (1958)The Cost of Capital, Corporat…Dynamics of carbon risk, cost of debt and leverage adjustments (2024)Dynamics of carbon risk, cost…Environmental regulation and firm capital structure dynamics (2022)Environmental regulation and …Corporate board and dynamics of capital structure: Evidence from UK , France and Germany (2022)Corporate board and dynamics …Capital structure speed of adjustment heterogeneity across zero leverage and leveraged European firms (2022)Capital structure speed of ad…Foreign institutional ownership and the speed of leverage adjustment: International evidence (2021)Foreign institutional ownersh…Economic policy uncertainty and leverage dynamics: Evidence from an emerging economy (2021)Economic policy uncertainty a…Xi's anti-corruption campaign and the speed of capital structure adjustment (2020)Xi's anti-corruption campaign…The role of macroeconomic factors in the capital structure of European firms: How influential is bank debt? (2020)The role of macroeconomic fac…Social trust and the speed of corporate leverage adjustment: evidence from around the globe (2020)Social trust and the speed of…Liquidity and speed of leverage adjustment (2020)Liquidity and speed of levera…Capital structure dynamics: China and India (Chindia) perspective (2020)Capital structure dynamics: C…The impact of firm characteristics on speed of adjustment to target leverage: a UK study (2018)The impact of firm characteri…Dynamic target capital structure and speed of adjustment in farm business (2018)Dynamic target capital struct…The influence of cash flow on the speed of adjustment to the optimal capital structure (2017)The influence of cash flow on…Does dynamic trade-off theory explain Portuguese SME capital structure decisions? (2017)Does dynamic trade-off theory…Capital structure management differences in Latin American and US firms after 2008 crisis (2017)Capital structure management …Econometric Models for Count Data with an Application to the Patents-R&D Relationship (1984)Pooled Mean Group Estimation of Dynamic Heterogeneous Panels (1999)Econometric Analysis of Cross Section and Panel Data (2001)Introductory Econometrics for Finance (2008)A Survey of Corporate Governance (1997)Corporate Ownership Around the World (1999)Investor protection and corporate governance (2000)Specification Tests in Econometrics (1978)DISTRIBUTION OF INCOMES OF CORPORATIONS AMONG DIVIDENDS, RETAINED EARNINGS AND TAXES (1956)The Pricing of Options and Corporate Liabilities (1973)Another look at the instrumental variable estimation of error-components models (1995)A finite sample correction for the variance of linear efficient two-step GMM estimators (2004)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)The Colonial Origins of Comparative Development: An Empirical Investigation (2001)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Determinants of corporate borrowing (1977)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES* (1974)The Capital Structure Puzzle (1984)How to do Xtabond2: An Introduction to Difference and System GMM in Stata (2009)Does Corporate Social Responsibility Affect the Cost of Capital? (2010)
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References

  • 1991Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations33,089 cited
  • 1998Initial conditions and moment restrictions in dynamic panel data models22,547 cited
  • 1984Corporate financing and investment decisions when firms have information that investors do not have18,936 cited
  • 1998Law and Finance17,902 cited
  • 2021Econometric Analysis of Panel Data15,089 cited
  • 1995Initial conditions and moment restrictions in dynamic panel data models14,749 cited
  • 1958The Cost of Capital, Corporation Finance and the Theory of Investment14,494 cited
  • 1997Legal Determinants of External Finance9,776 cited
  • 1981Biases in Dynamic Models with Fixed Effects8,724 cited
  • 2008The cost of capital, corporation finance and the theory of investment8,614 cited
  • 1995What Do We Know about Capital Structure? Some Evidence from International Data6,527 cited
  • 1963CORPORATE INCOME TAXES AND THE COST OF CAPITAL: A CORRECTION5,951 cited
  • 2001The theory and practice of corporate finance: evidence from the field5,947 cited
  • 2000The separation of ownership and control in East Asian Corporations5,753 cited
  • 1990Performance Pay and Top-Management Incentives

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5,080 cited
  • 2002Investor Protection and Corporate Valuation4,055 cited
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    • 2017The influence of cash flow on the speed of adjustment to the optimal capital structure49 cited
    • 2018The impact of firm characteristics on speed of adjustment to target leverage: a UK study39 cited
    • 2020The role of macroeconomic factors in the capital structure of European firms: How influential is bank debt?33 cited
    • 2022Environmental regulation and firm capital structure dynamics32 cited
    • 2017Does dynamic trade-off theory explain Portuguese SME capital structure decisions?32 cited
    • 2020Capital structure dynamics: China and India (Chindia) perspective32 cited
    • 2018Dynamic target capital structure and speed of adjustment in farm business30 cited
    • 2020Social trust and the speed of corporate leverage adjustment: evidence from around the globe30 cited
    • 2020Liquidity and speed of leverage adjustment29 cited
    • 2017Capital structure management differences in Latin American and US firms after 2008 crisis29 cited
    • 2022Capital structure speed of adjustment heterogeneity across zero leverage and leveraged European firms28 cited
    • 2020Xi's anti-corruption campaign and the speed of capital structure adjustment22 cited
    • 2024Dynamics of carbon risk, cost of debt and leverage adjustments22 cited