Vijayakumaran and Vijayakumaran (2018), evaluated the nexus between capital structures and corporate profitability in the context of Chinese Stock Exchange.
Keywords: Capital Structure; Profitability; Oil and Gas Industry; Debt and Equity Mix.
"The trend for year-to-date 2018 is consistent with late-cycle characteristics to accept leverage maximization in LBO capital structures and dividend recapitalizations," said Sharon Bonelli, Senior Director of Leveraged Finance.
Capital structures of second-lien issuers are highly leveraged.
Partial adjustment toward target capital structures. Journal of Financial Economics, 79(3), 469-506.
The dynamic adjustment towards target capital structures of firms in transition economies.
Since the publication of Durand's work (1952) and Modigliani and Miller (1958) that generated the debate about the companies' capital structures
, where many empirical studies have been dedicating in the verification of a great capital structure
Academically it adds to the already limited empirical studies on capital structures
involving panel data models.
Because assets can vary in these and other ways, different assets will result in different optimal capital structures
It has been 56 years since the publication of the seminal work that both gave rise to corporate finance as we know it and also led capital structures
studies to catch so much attention from economy and financial areas.
in developing countries", Journal of Finance, Vol.56, pp.87-130
However, most of the empirical investigations have focus on internal factors whereas the impact of macroeconomic variables on capital structure
decisions is somewhat under researched particularly in the context of developing countries.