The sequencing of stock market liberalization events and corporate financing decisions

نویسندگان
چکیده

برای دانلود باید عضویت طلایی داشته باشید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Some Determinants of Corporate Financing Decisions: Evidence from the Listed Companies in Tehran Stock Exchange

The aim of this empirical study is to explore the trade-off model and pecking order model of capital structure. The investigation is performed using panel data procedures for a sample of 76 firms listed in Tehran Stock Exchange during 2007-2010.The study employs OLS regression model in examining the capital structure of firms in Iran. The study employs variables reflecting differing theoretical...

متن کامل

Corporate financing decisions, managerial market timing, and real investment

Both market timing and investment-based theories of corporate financing predict underperformance after firms raise capital, but only market timing predicts that the composition of financing (equity compared to debt) should also forecast returns. In cross-sectional tests, we find that the amount of net financing is more important than its composition in explaining future stock returns. In the ti...

متن کامل

some determinants of corporate financing decisions: evidence from the listed companies in tehran stock exchange

the aim of this empirical study is to explore the trade-off model and pecking order model of capital structure. the investigation is performed using panel data procedures for a sample of 76 firms listed in tehran stock exchange during 2007-2010.the study employs ols regression model in examining the capital structure of firms in iran. the study employs variables reflecting differing theoretical...

متن کامل

Financial Liberalization and Emerging Stock Market Volatility

In this paper we review the factors that may lead to structural changes in stock market volatility and present an analysis that assesses whether emerging stock market volatility has changed significantly over the period 1976:01-2002:03. This period corresponds to the years of more profound development of both the financial and the productive sides in emerging countries. We use alternative metho...

متن کامل

Capital Control Liberalization and Stock Market Development

Capital Control Stock markets become larger, more liquid, more integrated Liberalization and Stock internationally, and more volatile after controls on capital and dividend flowas are liberalized. And countries that Ross Levine officially establish Sara Zervos internationally accepted accounting standards and laws to protect investors do not have substantially be..erfunctioning stock markets th...

متن کامل

ذخیره 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: Emerging Markets Review

سال: 2010

ISSN: 1566-0141

DOI: 10.1016/j.ememar.2010.03.004