[PDF] Top 20 CAPITAL STRUCTURE AND DIVIDENDS Evidence from Portugal (2003-2014)

... depreciation and investment tax credit, which should be included in the ...personal and corporate taxes are present in relative market ...necessities and the amount of non-debt tax shield are ... See full document

... operations and investments must make decisions about the optimal maturity of their debt, which directly affects not only investments decisions but also the firms’ market ...information and signaling ... See full document

... effects and debt ...identically and independently distributed and do not vary over ...productivity and skills or factors which are specific to the firm, ...barriers and competitiveness ... See full document

... theoretical and empirical analyses in the banking literature indicate that banks simply help minimise problems arising from information asymmetries between firms and debtholders through ...Empirical ... See full document

... public capital markets. Capital markets influence the behavior of key ...of capital markets. This assumes liquid stock market and an adequate disclosure of ...takeover and the removal ... See full document

... Log(Sales) is the logarithm of sales in millions of US$ dollar; Fixed Asset Ratio-% is the ratio of fIxed assets to total assets in percentage terms; Return on Equity-% is th[r] ... See full document

... quality and (iii) to link adult outcomes with data on ...practices and allocating grants to the treated ...2014) and the RCT structure of the program, we consider it as an exogenous shock of ... See full document

... far from consensual in the ...(2005) and Moscarini and Vella (2008). On the other hand, Song and Dong (2011) find no significant impact of age on occupational ...(Kambourov and ... See full document

... on capital structure determinants use various endogenous items already consecrated in international literature to explain company ...assets and growth ...profitability and indebtedness is ... See full document

... development, and of real convergence with more developed ...as capital formation, job creation, increased tax revenues and transformation of the productive and export structures of the host ... See full document

... relevant from the banking business perspective and provide insights about the banking system position, as the data is obtained through the banks’ financial ...indicators from the core set FSI were ... See full document

... of capital that affects financial development is the social ...social capital is not a new concept and has drawn the attention of economists in the last two ...social capital was comprehended, ... See full document

... We assume that, in order for signaling theory to be valid, the equity raise should have a negative effect on the stock price, in comparison with the time before the an[r] ... See full document

... for capital structure ...1995). From one side, size can have a positive impact on debt, as it is usually taken as an inverse proxy of the probability of bankruptcy (Palacín-Sánchez et ...volume ... See full document

... firm’s capital structure can restrict the extent to which a firm can reduce its ...covenants and the related cost of debt can restrict a company’s ability to ...of capital structure on ... See full document

... human capital endowment, expressed as the difference, in absolute value, between regions in terms of the share of the most highly qualified population ...human capital endowments will also differ widely in ... See full document

... variables and Table 2 below presents the ...equation and report the estimated parameters in Table ...derived from a non- random specification of the profit ...profit structure of European ... See full document

... private and public sectors), and private voluntary health ...Spain, and Italy) with the objective of guaranteeing health protection to every ...sector and target specific groups: ADSE for ... See full document

... of capital in each organization from one year to the ...information. Capital under management is more precise, as only two small-size organizations did not provide this ...exit and all prior ... See full document

... individual and social ...behaviours and attitudes of people interested in ...long and rich intellectual debate grow up in social sciences within which we focused the social capital and ... See full document