Capital Structure: The Emprical Investigation of Market Timing Theory
This paper investigated the effect of Market Timing Theory on capital structure. We examined capital structure to past market valuations. The firms with low leverage tend to financed when their valuations were high, as measured by the market-to-book ratio (MTB). The firms with high leverage tend to...
Enregistré dans:
| Auteurs principaux: | , |
|---|---|
| Format: | article |
| Langue: | FA |
| Publié: |
Shahid Bahonar University of Kerman
2012
|
| Sujets: | |
| Accès en ligne: | https://doaj.org/article/089f0240f8a8421aac4f76b6c3757ce4 |
| Tags: |
Ajouter un tag
Pas de tags, Soyez le premier à ajouter un tag!
|
Soyez le premier à ajouter un commentaire!