[PDF] Top 20 What is the impact of a capital structure change on firms' human capital?

... de capital de uma empresa tem no Capital Humano dessa mesma empresa, atribuindo maior ênfase ao nível dos salários médios por ...de capital que induzam aumentos nos rácios de alavancagem, implicam ... See full document

... developed the study of Modigliani & Miller (1963) and present the theory of agency costs that emphasizes the opportunity cost caused by the impact of debt ... See full document

... inside the panel data models) when specifying the econometric model. The rationale behind the choice between the two models are: the fixed effects model is the most ... See full document

... developed the study of Modigliani & Miller (1963) and present the theory of agency costs that emphasizes the opportunity cost caused by the impact of debt ... See full document

... to the global financial crisis, 2005-2007, the firm characteristics influencing the choice of the level of debt for Portuguese public firms were growth opportunities, at ... See full document

... literature on family business is wide-ranging and it is difficult to find consensus on the exact definition of a family firm and numerous attempts have been made to articulate ... See full document

... studies on the trade-off model also cover the other side of the theory and consider rebalancing of leverage a dynamic process, through which firms will be more willing to ... See full document

... allocate capital to those ...investigation of the U.S. petroleum industry during the 1970s and early 1980s ...(i.e., the period surrounding the two oil crises), for example, ... See full document

... (2011), the European Central Bank first Covered Bond Purchase Program allowed a decrease of the mortgage covered bonds (MCB) in the Euro ...(2017) the second Covered Bond Purchase ... See full document

... for firms in the sample, but now excluding those with a zero ...case, the results obtained are substantially different from those reported in Tables 2 and ...conditional on the use ... See full document

... The capital structure of firms has been a widely discussed subject in the world of corporate finance in the last ...decades. The aim of this paper ... See full document

... In the context of family businesses, the same reasoning obviously applies and, in fact, it has been found that for these firms, due to greater potential for expropriation, the cost ... See full document

... it is extensively investigated in the paper but so far did not merit any attention in the financial literature on family-owned firms’ financing decisions concerns the ... See full document

... some of the biggest ones is that the venture capital industry, particularly at the later stages, I think, is over ...number of reasons why that's the case, ... See full document

... pact of CLC on productivity will be greater in agriculture than in ...effects of CLC on people and countries in a framework that takes into account that the (endogenous) geography ... See full document

... The capital structure of a firm is a specific mixture of debt and equity that the firm uses to finance its operations (Abor, ...2007). The literature in ... See full document

... that the optimal capital structure is influenced by the costs of financial distress, the variability of the firm value and the amount of ... See full document

... (1991) firms with more specialized, unique products usually impose higher costs to its customers, suppliers, and workers in case of ...suppliers of a specific component are now losing a client, and ... See full document

... idea of event studies is that firms´ market value rapidly adjusts to news, thus a specific news stimulates investors to review their beliefs, leading to a change in the company´s stock ... See full document

... working capital management since the impact on profitability is significant, “they can also create value by reducing their cash conversion cycle to a minimum, as far as ...In the ... See full document