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Firm Characteristics as Determinants of Capital Structures in Australia
16 references·16 citing·23 second hopsampled
Firm Characteristics as Determinants of Capital Structures in Australia (2010)Firm Characteristics as Determinants of C…The theory and practice of corporate finance: evidence from the field (2001)The theory and practice of co…What Do We Know about Capital Structure? Some Evidence from International Data (1995)What Do We Know about Capital…The Theory of Capital Structure (1991)The Theory of Capital Structu…The Determinants of Capital Structure Choice (1988)The Determinants of Capital S…Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Agency Costs of Free Cash Flo…The Capital Structure Puzzle (1984)The Capital Structure PuzzleThe Capital Structure Puzzle (1984)The Capital Structure PuzzleCorporate financing and investment decisions when firms have information that investors do not have (1984)Corporate financing and inves…Optimal capital structure under corporate and personal taxation (1980)Optimal capital structure und…On financial contracting (1979)On financial contractingThe Determination of Financial Structure: The Incentive-Signalling Approach (1977)The Determination of Financia…DEBT AND TAXES* (1977)DEBT AND TAXES*Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…Risk, Return, and Equilibrium: Empirical Tests (1973)Risk, Return, and Equilibrium…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…Women’s Participation in Firms’ Management and Their Impact on Financial Performance: Pre-COVID-19 and COVID-19 Period Evidence (2023)Women’s Participation in Firm…Determinants of capital structure: evidence from Jordanian service companies (2020)Determinants of capital struc…TESTING TRADE-OFF AND PECKING ORDER THEORIES OF CAPITAL STRUCTURE: EVIDENCE AND ARGUMENTS (2019)TESTING TRADE-OFF AND PECKING…Earning Volatility, Capital Structure Decisions and Financial Distress by SEM (2019)Earning Volatility, Capital S…Determinants of Capital Structure and Speed of Adjustment: Evidence from Iran and Australia (2017)Determinants of Capital Struc…The Determinants of Capital Structure: Evidence from Selected Listed Companies in Sri Lanka (2016)The Determinants of Capital S…Solvency and Liquidity in Shipping Companies (2016)Solvency and Liquidity in Shi…A Study of Determinants of Capital Structure through Panel Data Analysis of Firms Listed in NSE CNX 500 (2016)A Study of Determinants of Ca…A Panel Data Analysis of Capital Structure Determinants: An Empirical Study of Non-Financial Firms in Oman (2016)A Panel Data Analysis of Capi…The Determinants of Capital Structure for Malaysian Food Producing Companies (2015)The Determinants of Capital S…The Determinants of Capital Structure: An Empirical Study of New Zealand-Listed Firms (2013)The Determinants of Capital S…Equity Ownership and Capital Structure Determinants: A Study of New Zealand-Listed Firms (2012)Equity Ownership and Capital …Equity Ownership and Capital Structure Determinants: A Study of New Zealand-Listed Firms (2012)Equity Ownership and Capital …Dynamic Approach of Capital Structure of European Shipping Companies (2012)Dynamic Approach of Capital S…Capital Structure in EU Selected Countries - Micro and Macro Determinants (2012)Capital Structure in EU Selec…La recherche en finance entrepreneuriale (2011)La recherche en finance entre…CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Behavior of Stock-Market Prices (1965)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)Common risk factors in the returns on stocks and bonds (1993)On Persistence in Mutual Fund Performance (1997)Significance tests and goodness of fit in the analysis of covariance structures. (1980)Firms, Contracts, and Financial Structure (1995)A Survey of Corporate Governance (1997)DISTRIBUTION OF INCOMES OF CORPORATIONS AMONG DIVIDENDS, RETAINED EARNINGS AND TAXES (1956)Law and Finance (1998)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)The Nature of the Firm (1937)The Pricing of Options and Corporate Liabilities (1973)Separation of Ownership and Control (1983)The Cross-Section of Expected Stock Returns (1992)Managing with Style: The Effect of Managers on Firm Policies (2003)Law, finance, and economic growth in China (2005)The economic implications of corporate financial reporting (2005)Determinants of corporate borrowing (1977)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)Corporate Ownership Around the World (1999)
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References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1984Corporate financing and investment decisions when firms have information that investors do not have18,936 cited
  • 1986Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers17,216 cited
  • 1958The Cost of Capital, Corporation Finance and the Theory of Investment14,494 cited
  • 1973Risk, Return, and Equilibrium: Empirical Tests14,248 cited
  • 1984The Capital Structure Puzzle7,520 cited
  • 1995What Do We Know about Capital Structure? Some Evidence from International Data6,527 cited
  • 1988The Determinants of Capital Structure Choice6,108 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
  • 1991The Theory of Capital Structure4,371 cited
  • 1977The Determination of Financial Structure: The Incentive-Signalling Approach4,163 cited
  • 1984The Capital Structure Puzzle3,151 cited
  • 1980Optimal capital structure under corporate and personal taxation2,906 cited
  • 1979On financial contracting2,901 cited

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  • 1977DEBT AND TAXES*2,896 cited
  • Cited by

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    • 2016A Panel Data Analysis of Capital Structure Determinants: An Empirical Study of Non-Financial Firms in Oman37 cited
    • 2016Solvency and Liquidity in Shipping Companies35 cited
    • 2012Capital Structure in EU Selected Countries - Micro and Macro Determinants33 cited
    • 2015The Determinants of Capital Structure for Malaysian Food Producing Companies29 cited
    • 2020Determinants of capital structure: evidence from Jordanian service companies25 cited
    • 2012Equity Ownership and Capital Structure Determinants: A Study of New Zealand-Listed Firms25 cited
    • 2023Women’s Participation in Firms’ Management and Their Impact on Financial Performance: Pre-COVID-19 and COVID-19 Period Evidence23 cited
    • 2012Equity Ownership and Capital Structure Determinants: A Study of New Zealand-Listed Firms20 cited
    • 2012Dynamic Approach of Capital Structure of European Shipping Companies18 cited
    • 2019Earning Volatility, Capital Structure Decisions and Financial Distress by SEM18 cited
    • 2019TESTING TRADE-OFF AND PECKING ORDER THEORIES OF CAPITAL STRUCTURE: EVIDENCE AND ARGUMENTS16 cited
    • 2011La recherche en finance entrepreneuriale15 cited
    • 2017Determinants of Capital Structure and Speed of Adjustment: Evidence from Iran and Australia14 cited