Corporate Capital Structure In Europe
DOWNLOAD
Download Corporate Capital Structure In Europe PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get Corporate Capital Structure In Europe book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages. If the content not found or just blank you must refresh this page
Corporate Capital Structure In Europe
DOWNLOAD
Author : Julia Koralun-Bereźnicka
language : en
Publisher: Routledge
Release Date : 2024-10
Corporate Capital Structure In Europe written by Julia Koralun-Bereźnicka and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-10 with Business & Economics categories.
This book combines theoretical insights with empirical research to provide a comprehensive examination of the factors affecting corporate capital structures across twelve European Union countries, focusing on the influence of country-specific, industry-specific and firm-size-related determinants.
The Determinants Of Corporate Capital Structure
DOWNLOAD
Author : Antonios Antoniou
language : en
Publisher:
Release Date : 2002
The Determinants Of Corporate Capital Structure written by Antonios Antoniou and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with Economics categories.
Capital Structure Specifics In Emerging European Economies
DOWNLOAD
Author : Swen Beyer
language : en
Publisher: GRIN Verlag
Release Date : 2010-06-28
Capital Structure Specifics In Emerging European Economies written by Swen Beyer and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-06-28 with Business & Economics categories.
Seminar paper from the year 2010 in the subject Business economics - Investment and Finance, grade: 1,5, European School of Business Reutlingen, course: Lecture, language: English, abstract: Taking into consideration the assumptions behind classical capital structures on the one hand and the specific economic environment and the resulting behavior of firms in the emerging European economies on the other hand, it is clear that these extraordinary circumstances (different political and economic systems) influence the determination of the firms’ capital structures in these countries in a special way. The goal of this paper is to determine the driving factors for different capital structure choices in emerging European economies, compared to the one we can see for instance in Western European countries. As a result of the underlying research on this topic and also considering the fact that shareholders are slowly gaining influence in businesses in emerging European economies (like Slovenia), the financial principal behavior of these companies will probably remain different from those in mature market economies. One of the most interesting findings regarding the research topic is probably the fact that we can find a re-designed Pecking Order Theory in some Eastern and Central European (CEE) economies.
Tax Advantage And Corporate Capital Structure In Europe
DOWNLOAD
Author : Elena Beccalli
language : it
Publisher:
Release Date : 1999
Tax Advantage And Corporate Capital Structure In Europe written by Elena Beccalli and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with categories.
Capital Structure And Corporate Spin Offs
DOWNLOAD
Author : Niki Schuler
language : en
Publisher:
Release Date : 2013
Capital Structure And Corporate Spin Offs written by Niki Schuler and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with categories.
The following thesis tries to take benefit of the unique setting of a corporate spin-off transaction in order to investigate capital structure determinants. The study reveals evidence that companies involved in a European spin-off transaction allocate financial leverage ratios according to the pecking order theory. Profitability of post-spin-off companies affects financial leverage ratios negatively. Growth, lower financial distress costs and the size of a company influences the financial leverage ratio positively. No relation is observed between non-debt tax shield and financial leverage. Even though post-spin-off companies emerging from the spin-off transaction with lower leverages are associated with higher business risk, no evidence is found that risk influences financial leverage ratios.
Mezzanine Capital In Europe
DOWNLOAD
Author : Markus Herbert Tyl
language : en
Publisher: diplom.de
Release Date : 2002-11-22
Mezzanine Capital In Europe written by Markus Herbert Tyl and has been published by diplom.de this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-11-22 with Business & Economics categories.
Inhaltsangabe:Abstract: In corporate finance two major decisions have to be made. One is the investment decision which means companies must decide which available opportunities they should invest in. The other one, the financing decision, also known as the capital structure decision, tries to answer the question of from where the money to finance investment projects should come. Money can either be raised internally, through retained earnings, or externally. Mezzanine capital, as a special type of external finance, therefore falls into the area of the financing decision. Although the use of mezzanine capital has increased in Europe in recent years, this special type of finance is still relatively unknown in some countries. Therefore, the purpose of my thesis is to familiarise the reader with this particular type of finance. It is structured in a way that it sequentially deals with the following questions: How did mezzanine develop? Can it offer an advantage compared to financing only with debt and equity? Which basic types of mezzanine instruments exist and how are they valued? When and where is mezzanine used? At the end, an example of a management buy-out in which mezzanine is used is provided. This will give important insights into the practical use of multiples to structure the deal, the mezzanine investment process, the investment criteria and the various exit routes that exist. The paper will be concluded with an overview on the European mezzanine landscape and on how recent stock market developments and the new Basel capital accord (Basel II) may impact the future of mezzanine capital. Special terminology or important information that is used in the private equity area is written in bold letters if mentioned for the first time in the text. The issue of a convertible promissory note to raise funds to build a canal in the UK is believed to be the first mezzanine instrument. It was issued in 1798 by the Company of proprietors to the Canal Navigation from Manchester to or near Ashton-under-Lyne and Oldham . However, the idea of converting debt into equity was already used after the War of Spanish Succession when in 1711 the British government had a heavy debt burden. As the debt was trading at a substantial discount it made the refinancing more difficult. A solution was found in creating a new body, the South Sea Company , whose newly issued shares were to be swapped for £9.5m of floating debt - thereby reducing the interest [...]
Advances In Corporate Finance And Asset Pricing
DOWNLOAD
Author : Luc Renneboog
language : en
Publisher: Emerald Group Publishing
Release Date : 2006-03-02
Advances In Corporate Finance And Asset Pricing written by Luc Renneboog and has been published by Emerald Group Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-03-02 with Business & Economics categories.
Incorporates estimation risk in portfolio choice and also covers a risk measure for retail investment products, understanding and exploiting momentum in stock returns. This book includes: Introduction - Corporate restructuring; mergers and acquisitions in Europe; and the performance of acquisitive companies in the US.
Financial Structure And Monetary Transmission In Europe
DOWNLOAD
Author : Gabe J. De Bondt
language : en
Publisher: Edward Elgar Publishing
Release Date : 2000-01-01
Financial Structure And Monetary Transmission In Europe written by Gabe J. De Bondt and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-01-01 with Business & Economics categories.
'I can fully recommend this book to those interested in the transmission process of monetary policy.' - Harry Garretsen, De Economist Due to financial market imperfections it is imperative to analyse the relationship between financial structure and the monetary policy transmission process in Europe to effectively design and implement European monetary policy. Focusing on the years 1980-1995 and providing empirical evidence for six European countries, namely Germany, France, Italy, the UK, Belgium and the Netherlands, the author discusses whether cross-country variations in financial structure have a systematic relationship with inter-country differences in the monetary transmission process. The analysis of this is invaluable as differences in financial structures across EMU countries may hamper the implementation of a common European monetary policy in the future. The conclusion is that some elements of the financial structure are clearly relevant and applicable for European monetary policy and the monetary transmission process in particular.
The Importance Of Macroeconomic Determinants On The Corporate Capital Structure
DOWNLOAD
Author : Nico Schweizer
language : en
Publisher:
Release Date : 2017
The Importance Of Macroeconomic Determinants On The Corporate Capital Structure written by Nico Schweizer and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with categories.
The Impact Of The Macroeconomic Environment Upon The European Corporate Capital Structure
DOWNLOAD
Author : Jonathan Tucker
language : en
Publisher:
Release Date : 1999
The Impact Of The Macroeconomic Environment Upon The European Corporate Capital Structure written by Jonathan Tucker and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with Capital categories.
Whilst research into the precise nature of the determinants of the corporate capital structure has progressed significantly in certain areas, the precise nature of the influence of the macroeconomic environment remains largely under-researched in the theoretical and empirical literature. Logic dictates that the macroeconomic environment with which the firm is positioned should exert a significant influence upon all of the financial and investment decisions that the finance manager makes as it constitutes the monetary and real framework within which firms are placed. Supporting hypotheses are developed from the existing literature and theoretical discussion to address the central hypothesis that macroeconomic environment factors significantly influence the European corporate capital structure.