Capital structure as a determinant of company value
نویسندگان
چکیده
منابع مشابه
Benefits of Control, Capital Structure and Company Growth
This paper studies the influence of the private benefits of control on the capital structure and the growth of private companies. It is argued that companies in which existing owners would lose more control if they expanded, have smaller equity increases, are more highly levered and grow more slowly. The dataset covers 8,964 private UK companies with limited liability for up to 5 years. Potenti...
متن کاملPrivate Benefits of Control, Capital Structure and Company Growth
This paper studies the influence of the private benefits of control on the capital structure and the growth of private companies. It is argued that companies in which existing owners would lose more control if they expanded, issue less new equity, use more debt and grow more slowly. The dataset covers 6834 private UK companies with limited liability for up to 5 years. Loss of control is measure...
متن کاملNational Resilience As A Determinant Of National Security Of Ukraine
The purpose of this study is theoretical and methodological substantiation, deepening of conceptual provisions and development of scientific and practical recommendations for the formation of an integrated sector of national security and defense based on the principles of national resilience. The relevance of this study is due to the need to build national resilience to address the main problem...
متن کاملManagerial Power, Capital Structure and Firm Value
With the reform of our property rights system, the maturity of the capital market, and the diversification of corporate financing, the capital structure decision has become the major concern of financial management. There are numbers of researches on how to determine the optimal capital structure, what factors affect the capital structure and what the relationship is like between the capital st...
متن کاملPolitical Structure as Determinant of Federal Spending
This article seeks to analyze the allocation of federal government discretionary spending among Brazil’s states. In Brazil, the bulk of federal public budget must be compulsorily executed. Personnel expenditures and social taxes, social security benefits and a series of constitutionally mandatory transfers to states and municipalities are examples of expenditures over which the government has n...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Oditor - casopis za Menadzment, finansije i pravo
سال: 2017
ISSN: 2217-401X
DOI: 10.5937/oditor1701080m