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Financial Leverage and Shareholder’s Required Returns: Evidence from South Africa Corporate Sector
16 references·1 citing·29 second hop
Financial Leverage and Shareholder’s Required Returns: Evidence from South Africa Corporate Sector (2012)Financial Leverage and Shareholder’s Requ…The effect of capital structure on profitability: an empirical analysis of listed firms in Ghana (2005)The effect of capital structu…Partial adjustment toward target capital structures (2005)Partial adjustment toward tar…Testing the pecking order theory of capital structure (2002)Testing the pecking order the…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…Debt/Equity Ratio and Expected Common Stock Returns: Empirical Evidence (1988)Debt/Equity Ratio and Expecte…The Capital Structure Puzzle (1984)The Capital Structure PuzzleOn the Existence of an Optimal Capital Structure: Theory and Evidence (1984)On the Existence of an Optima…Corporate Financing and Investment Decisions When Firms Have InformationThat Investors Do Not Have (1984)Corporate Financing and Inves…Corporate financing and investment decisions when firms have information that investors do not have (1984)Corporate financing and inves…Capital Structure Puzzle (1984)Capital Structure PuzzleDEBT AND TAXES* (1977)DEBT AND TAXES*CORPORATE INCOME TAXES AND THE COST OF CAPITAL: A CORRECTION (1963)CORPORATE INCOME TAXES AND TH…Dividends, Earnings, and Stock Prices (1959)Dividends, Earnings, and Stoc…The Cost of Capital, Corporation Finance and the Theory of Investment (1958)The Cost of Capital, Corporat…DISTRIBUTION OF INCOMES OF CORPORATIONS AMONG DIVIDENDS, RETAINED EARNINGS AND TAXES (1956)DISTRIBUTION OF INCOMES OF CO…Digital transformation and financial development in emerging economies: regional variations and policy contingencies (2025)Digital transformation and fi…Specification Tests in Econometrics (1978)Initial conditions and moment restrictions in dynamic panel data models (1998)Econometric Analysis of Cross Section and Panel Data (2001)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Determinants of corporate borrowing (1977)The Determination of Financial Structure: The Incentive-Signalling Approach (1977)The Determinants of Capital Structure Choice (1988)Event Studies in Economics and Finance (1997)Biases in Dynamic Models with Fixed Effects (1981)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)How to do Xtabond2: An Introduction to Difference and System GMM in Stata (2009)Asset pricing and the bid-ask spread (1986)Theory of Financial Decision Making. (1988)The cost of capital, corporation finance and the theory of investment (2008)The Dynamic Effects of Personal and Corporate Income Tax Changes in the United States (2013)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)The Theory of Capital Structure (1991)What Do We Know about Capital Structure? Some Evidence from International Data (1995)Risk, Return, and Equilibrium: Empirical Tests (1973)CEO Overconfidence and Corporate Investment (2005)Capital Structure Decisions: Which Factors Are Reliably Important? (2007)Econometric Analysis of Panel Data (2021)The theory and practice of corporate finance: evidence from the field (2001)The Pricing of Options and Corporate Liabilities (1973)Law and Finance (1998)The Behavior of Stock-Market Prices (1965)A Survey of Corporate Governance (1997)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)
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References

  • 1991Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations33,089 cited
  • 1984Corporate financing and investment decisions when firms have information that investors do not have18,936 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
  • 1984The Capital Structure Puzzle7,520 cited
  • 1984Corporate Financing and Investment Decisions When Firms Have InformationThat Investors Do Not Have6,535 cited
  • 1963CORPORATE INCOME TAXES AND THE COST OF CAPITAL: A CORRECTION5,951 cited
  • 1956DISTRIBUTION OF INCOMES OF CORPORATIONS AMONG DIVIDENDS, RETAINED EARNINGS AND TAXES3,426 cited
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  • 2002Testing the pecking order theory of capital structure2,642 cited
  • 1984On the Existence of an Optimal Capital Structure: Theory and Evidence2,477 cited
  • 2005Partial adjustment toward target capital structures2,038 cited
  • 1988Debt/Equity Ratio and Expected Common Stock Returns: Empirical Evidence1,336 cited
  • 1959Dividends, Earnings, and Stock Prices1,301 cited
  • 2005The effect of capital structure on profitability: an empirical analysis of listed firms in Ghana

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961 cited
  • 1984Capital Structure Puzzle684 cited
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    • 2025Digital transformation and financial development in emerging economies: regional variations and policy contingencies11 cited