2011, ISBN: 9783844322286

[ED: Taschenbuch / Paperback], [PU: LAP Lambert Academic Publishing], The role of diversification strategies in financial choices has received little attention in previous empirical finan… Más…

[ED: Taschenbuch / Paperback], [PU: LAP Lambert Academic Publishing], The role of diversification strategies in financial choices has received little attention in previous empirical financial studies. The aim of this paper is to study the effect of corporate diversification strategies on firm capital structure using a panel data analysis for a sample of 232 European firms during the period 2004-2007. Theoretical and empirical studies suggest that corporate leverage is positively related to diversification across product lines but negatively related to geographic diversification. Some studies show that these diversification strategies are complementary in generating debt usage. This paper estimates two alternative models employed by previous empirical work in the study of capital structure determinants: static trade-off model and a dynamic target adjustment model. After controlling for firm size, profitability, growth, assets tangibility and operating risk, the study finds that product and geographical diversification do not have a significant influence on leverage., DE, [SC: 0.00], Neuware, gewerbliches Angebot, 80, Selbstabholung und Barzahlung, PayPal, offene Rechnung, Banküberweisung, Internationaler Versand<

2011, ISBN: 3844322280

[EAN: 9783844322286], Neubuch, [PU: LAP Lambert Acad. Publ. Apr 2011], This item is printed on demand - Print on Demand Neuware - The role of diversification strategies in financial choic… Más…

[EAN: 9783844322286], Neubuch, [PU: LAP Lambert Acad. Publ. Apr 2011], This item is printed on demand - Print on Demand Neuware - The role of diversification strategies in financial choices has received little attention in previous empirical financial studies. The aim of this paper is to study the effect of corporate diversification strategies on firm capital structure using a panel data analysis for a sample of 232 European firms during the period 2004-2007. Theoretical and empirical studies suggest that corporate leverage is positively related to diversification across product lines but negatively related to geographic diversification. Some studies show that these diversification strategies are complementary in generating debt usage. This paper estimates two alternative models employed by previous empirical work in the study of capital structure determinants: static trade-off model and a dynamic target adjustment model. After controlling for firm size, profitability, growth, assets tangibility and operating risk, the study finds that product and geographical diversification do not have a significant influence on leverage. 80 pp. Englisch<

2007, ISBN: 3844322280

[EAN: 9783844322286], Neubuch, Publisher/Verlag: LAP Lambert Academic Publishing | An Empirical Study on European Companies | The role of diversification strategies in financial choices h… Más…

[EAN: 9783844322286], Neubuch, Publisher/Verlag: LAP Lambert Academic Publishing | An Empirical Study on European Companies | The role of diversification strategies in financial choices has received little attention in previous empirical financial studies. The aim of this paper is to study the effect of corporate diversification strategies on firm capital structure using a panel data analysis for a sample of 232 European firms during the period 2004-2007. Theoretical and empirical studies suggest that corporate leverage is positively related to diversification across product lines but negatively related to geographic diversification. Some studies show that these diversification strategies are complementary in generating debt usage. This paper estimates two alternative models employed by previous empirical work in the study of capital structure determinants: static trade-off model and a dynamic target adjustment model. After controlling for firm size, profitability, growth, assets tangibility and operating risk, the study finds that product and geographical diversification do not have a significant influence on leverage. | Format: Paperback | Language/Sprache: english | 80 pp<

2007, ISBN: 9783844322286

The role of diversification strategies in financial choices has received little attention in previous empirical financial studies. The aim of this paper is to study the effect of corporat… Más…

The role of diversification strategies in financial choices has received little attention in previous empirical financial studies. The aim of this paper is to study the effect of corporate diversification strategies on firm capital structure using a panel data analysis for a sample of 232 European firms during the period 2004-2007. Theoretical and empirical studies suggest that corporate leverage is positively related to diversification across product lines but negatively related to geographic diversification. Some studies show that these diversification strategies are complementary in generating debt usage. This paper estimates two alternative models employed by previous empirical work in the study of capital structure determinants: static trade-off model and a dynamic target adjustment model. After controlling for firm size, profitability, growth, assets tangibility and operating risk, the study finds that product and geographical diversification do not have a significant influence on leverage. Trade Books>Trade Paperback>Business>Business & Economics>Busn Profiles, LAP Lambert Academic Publishing Core >1<

2007, ISBN: 9783844322286

The role of diversification strategies in financial choices has received little attention in previous empirical financial studies. The aim of this paper is to study the effect of corporat… Más…

The role of diversification strategies in financial choices has received little attention in previous empirical financial studies. The aim of this paper is to study the effect of corporate diversification strategies on firm capital structure using a panel data analysis for a sample of 232 European firms during the period 2004-2007. Theoretical and empirical studies suggest that corporate leverage is positively related to diversification across product lines but negatively related to geographic diversification. Some studies show that these diversification strategies are complementary in generating debt usage. This paper estimates two alternative models employed by previous empirical work in the study of capital structure determinants: static trade-off model and a dynamic target adjustment model. After controlling for firm size, profitability, growth, assets tangibility and operating risk, the study finds that product and geographical diversification do not have a significant influence on leverage. Bücher, Hörbücher & Kalender / Bücher / Sachbuch / Wirtschaft<