The main objective of this research is the index of profitability on the capital structure of listed companies on the Stock Exchange of Tehran. Statistical population consisted of all above companies that 138 companies were selected in time zone of 2011-2014 after screening method (systematic elimination). The research method is descriptive and correlation and study variable is profitability in...

and an anonymous referee for helpful comments and suggestions. Abstract This paper investigates how firms determine the capital structure of a subsidiary that is divested in a spin-off. In a spin-off, the parent divides the assets of the firm and chooses the capital structure for the new, stand-alone entity. Unlike the firms in other capital structure studies, the subsidiary's leverage ratio is...

various forms of capital provide sources in social structure that facilitate social action. the aim of this study was to compare available capitals in different generations of women. questionnaire was completed by 386 women and their mothers (a total of 772 questionnaires). the results indicate that cultural capital of the present generation has increased compared to past generation. social cap...

This paper argues that the existing finance literature is inadequate with respect to its coverage of capital structure of small and medium sized enterprises (SMEs). In particular it is argued that the cost of equity (being both conceptually ill defined and empirically non quantifiable) is not applicable to the capital structure decisions for a large proportion of SMEs and the optimal capital st...

Analyses of optimal government capital structure generally follow Bohn (1990) and Barro (1995) in assuming risk neutrality or an exogenous risk premium. These analyses usually conclude that the optimal government capital structure stabilizes tax rates over time and states of nature to the greatest extent possible, something known as “tax smoothing.” In this paper, we show that when an endogenou...

Social capital is built via the network of connections among individuals in a community. Interactions among individuals within such a network make various endeavors more successful than they would be without such connections. The community becomes something more than a collection of individuals, because this structure has beneficial effects on economic and other efforts of community members, an...