Table of contents
The trade-off theory revisited: on the effect of operating leverage
Kristoffer J. Glover, Gerhard HambuschThe purpose of this paper is to investigate the effect of operating leverage, and the subsequent abandonment option available to managers, on the relationship between corporate…
Capital structure inconclusiveness: evidence from Malaysia, Thailand and Singapore
Razali HaronThe purpose of this paper of this study is to examine the possible factors contributing to the issue of inconclusiveness in capital structure studies. This study also attempts to…
Interest on equity and capital structure in the Brazilian context
João Zani, Eduardo Tomedi Leites, Clea Beatriz Macagnan, Márcio Telles PortalThe interest paid on own capital can benefit companies in the Brazilian capital market as it can be considered a business expense and is, therefore, deductible as a corporate tax…
An extensile method on the arbitrage pricing theory based on downside risk (D-APT)
Mohammad Reza Tavakoli Baghdadabad, Paskalis GlabadanidisThe purpose of this paper is to propose a new and improved version of arbitrage pricing theory (APT), namely, downside APT (D-APT) using the concepts of factors’ downside beta and…
Financial constraints for investment in Brazil
Vicente Lima Crisóstomo, Félix Javier López Iturriaga, Eleuterio Vallelado González– The purpose of this paper is to verify the existence of financial constraints for investment in Brazil, an emerging market with growing international visibility.
The relation between excess control and cost of capital
Yves Bozec, Claude Laurin, Iwan MeierThe purpose of this study is to investigate the relationship between dominant shareholders, whose voting rights exceed cash flow rights (excess control), and firms’ cost of…
Insights from the failure of the Countrywide Financial Corporation
Willoe Freeman, Peter Wells, Anne WyattThis paper aims to evaluate the business activities, financial reports, and management compensation practices of Countrywide Financial Corporation (Countrywide) in the period…
ISSN:
1743-9132Online date, start – end:
2005Copyright Holder:
Emerald Publishing LimitedOpen Access:
hybridEditor:
- Dr Alfred Yawson