Capital structure theories seek to explain why businesses choose different mixes of debt and equity to finance their operations. Banking firms represent a special case because of certain unique ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Vol. 39, No. 2, Evolution and Revolution in International Management: A Topic and a Discipline in Transition (1999), pp. 105-136 (32 pages) A critical reflection of previous capital structure theories ...

A company’s capital structure refers to how it finances its operations and growth with different sources of funds, such as bond issues, long-term notes payable, common stock, preferred stock, or ...

The EBIT-EPS approach to capital structure is a tool businesses use to determine the best ratio of debt and equity that should be used to finance the business' assets and operations. At its core, the ...

This is a preview. Log in through your library . Abstract The principal aim of this paper is to test how firm characteristics affect Small and Medium Enterprise (SME) capital structure. We carry out ...

Capital structure is a term that describes the proportion of a company’s capital, or operating money, that is obtained through debt versus the proportion obtained through equity. Debt includes loans ...

Companies use financial statements to track and monitor their financial and operational performance and health. The balance sheet provides a snapshot of what a company owns and owes at a specific ...