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Debt financing and firm performance: empirical evidence from the Pakistan Stock Exchange
15 references·4 citing·32 second hop
Debt financing and firm performance: empirical evidence from the Pakistan Stock Exchange (2021)Debt financing and firm performance: empi…Debt financing and firm performance: an empirical study based on Swedish data (2015)Debt financing and firm perfo…Determinants of capital structure (2011)Determinants of capital struc…The impact of capital‐structure choice on firm performance: empirical evidence from Egypt (2009)The impact of capital‐structu…Capital structure, equity ownership and firm performance (2009)Capital structure, equity own…Firm size and corporate financial‐leverage choice in a developing economy (2008)Firm size and corporate finan…Leverage and Corporate Performance: Does Institutional Environment Matter? (2007)Leverage and Corporate Perfor…The effect of capital structure on profitability: an empirical analysis of listed firms in Ghana (2005)The effect of capital structu…Testing static tradeoff against pecking order models of capital structure1This paper has benefited from comments by seminar participants at Boston College, Boston Unsiversity, Dartmouth College, Massachusetts Institute of Technology, University of Massachusetts, Ohio State University, University of California at Los Angeles and the NBER, especially Eugene Fama and Robert Gertner. The usual disclaimers apply. Funding from MIT and the Tuck School at Dartmouth College is gratefuly acknowledged. We also thank two reviewers, Richard S. Ruback and Clifford W. Smith, Jr., for helpful comments.1 (1999)Testing static tradeoff again…Leverage, investment, and firm growth (1996)Leverage, investment, and fir…What Do We Know about Capital Structure? Some Evidence from International Data (1995)What Do We Know about Capital…The Determinants of Capital Structure Choice (1988)The Determinants of Capital S…Corporate financing and investment decisions when firms have information that investors do not have (1984)Corporate financing and inves…Specification Tests in Econometrics (1978)Specification Tests in Econom…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…CORPORATE INCOME TAXES AND THE COST OF CAPITAL: A CORRECTION (1963)CORPORATE INCOME TAXES AND TH…The moderating effect of monetary policy and ESG practices on the relationship between leverage and firm value in ASEAN-5 emerging countries (2025)The moderating effect of mone…Intellectual property judicial protection, innovation factor input, and corporate innovation: Evidence from the establishment of intellectual property courts in China (2024)Intellectual property judicia…The effect of debt financing on the financial performance of SMEs in Zimbabwe (2023)The effect of debt financing …CEO Characteristics, Firm Policy, and Firm Performance (2022)CEO Characteristics, Firm Pol…Separation of Ownership and Control (1983)Hierarchical determinants of capital structure (2010)Capital Structure and Firm Performance: Evidence from Malaysian Listed Companies (2012)Corporate governance, capital structure and firm performance: Evidence from Thailand (2017)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Factors affecting profitability in Malaysia (2018)On the Pooling of Time Series and Cross Section Data (1978)Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations (1991)Econometric Analysis of Cross Section and Panel Data (2001)Estimating Standard Errors in Finance Panel Data Sets: Comparing Approaches (2008)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)Determinants of corporate borrowing (1977)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)The determinants and implications of corporate cash holdings (1999)Testing Trade-Off and Pecking Order Predictions About Dividends and Debt (2002)Capital Structure Decisions: Which Factors Are Reliably Important? (2007)The Nature of the Firm (1937)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Pricing of Options and Corporate Liabilities (1973)Law and Finance (1998)Agency costs of free cash flow, corporate finance, and takeovers (1996)The Relationship between Firm Investment and Financial Status (1999)Banks as Liquidity Providers: An Explanation for the Coexistence of Lending and Deposit‐taking (2002)Does female representation in top management improve firm performance? A panel data investigation (2012)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)The Capital Structure Puzzle (1984)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)The Cross-Section of Expected Stock Returns (1992)Corporate Ownership Around the World (1999)The theory and practice of corporate finance: evidence from the field (2001)
this work references cited by second hop

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
  • 1978Specification Tests in Econometrics18,788 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
  • 1999Testing static tradeoff against pecking order models of capital structure1This paper has benefited from comments by seminar participants at Boston College, Boston Unsiversity, Dartmouth College, Massachusetts Institute of Technology, University of Massachusetts, Ohio State University, University of California at Los Angeles and the NBER, especially Eugene Fama and Robert Gertner. The usual disclaimers apply. Funding from MIT and the Tuck School at Dartmouth College is gratefuly acknowledged. We also thank two reviewers, Richard S. Ruback and Clifford W. Smith, Jr., for helpful comments.11,755 cited
  • 1996Leverage, investment, and firm growth1,304 cited
  • 2005The effect of capital structure on profitability: an empirical analysis of listed firms in Ghana961 cited
  • 2009Capital structure, equity ownership and firm performance870 cited
  • 2009The impact of capital‐structure choice on firm performance: empirical evidence from Egypt566 cited
  • 2011Determinants of capital structure459 cited

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2015
Debt financing and firm performance: an empirical study based on Swedish data
231 cited
  • 2007Leverage and Corporate Performance: Does Institutional Environment Matter?165 cited
  • 2008Firm size and corporate financial‐leverage choice in a developing economy100 cited
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    • 2022CEO Characteristics, Firm Policy, and Firm Performance32 cited
    • 2024Intellectual property judicial protection, innovation factor input, and corporate innovation: Evidence from the establishment of intellectual property courts in China24 cited
    • 2023The effect of debt financing on the financial performance of SMEs in Zimbabwe23 cited
    • 2025The moderating effect of monetary policy and ESG practices on the relationship between leverage and firm value in ASEAN-5 emerging countries20 cited