Research Topics in Finance - Capital Structure
RESEARCH TOPICS IN FINANCE - CAPITAL STRUCTURE
Firm capital structure and:
its determinants
tests of pecking order theory
tests of trade off theory
tests of static and dynamic trade off theories
personal and corporate taxations
marginal tax rates
tests of agency theory
firm dividend policy
firm investment decisions
firm growth opportunities
underinvestment problems
free cash flow hypothesis
human capital hypothesis
legal protection of investors
country legal system
judicial efficiency of a country
bankruptcy costs
managerial ownership
institutional ownership
family ownership
dispersed and concentrated ownership
corporate group association
corporate governance
board independence
controlling shareholders
board structure
compensation structure
dividend policy
stock repurchase decision
firm liquidity policies
firm size
growth opportunities
product market competition
derivative use
hedging decisions
merger decisions
firm life cycle
earning management
corporate disclosure policies
business cycle
partial adjustment models
country's culture
economic policy uncertainty
inflation
investment timing
market timing
capital market development
credit rating of a firm
information asymmetry costs
transaction costs of external finance
bank vs market based economies
control rights and cash flow rights
institutional framework
state ownership
equity mispricing
overconfidence and optimism
product market flexibility
relevance of collateral
credit rationing
credit monitoring
macroeconomic factors
...