Essays about: "Zero-leverage puzzle"

Found 3 essays containing the words Zero-leverage puzzle.

1. 1. The Zero-leverage Puzzle : Evidence from Sweden

   University essay from Uppsala universitet/Företagsekonomiska institutionen

   Author : Karin Spennare; [2021]
   Keywords : financing decisions; capital structure; zero leverage; debt conservatism; financial constraints; financial flexibility;

   Abstract : This study investigates why some firms have no debt in their capital structure despite the potential benefits of leverage. A logistic regression analysis is used to examine the impact of firm-specific characteristics on a firm’s propensity to have zero leverage. READ MORE

3. 2. Ownership Structure and the Zero-leverage Puzzle – An empirical study on the Swedish market

   University essay from Lunds universitet/Företagsekonomiska institutionen

   Author : Hanna Rasmusson; [2019]
   Keywords : Business and Economics;

   Abstract : .... READ MORE

4. 3. Does ownership structure explain the zero-leverage puzzle?

   University essay from Lunds universitet/Företagsekonomiska institutionen

   Author : Ásta Brá Hafsteinsdóttir; Snædís Helgadóttir; [2015]
   Keywords : Zero-leverage puzzle; zero-leverage; almost zero-leverage; ownership structure; concentrated ownership; diffuse ownership; owner identity; institutional owners; private owners; Business and Economics;

   Abstract : Title/Research question: Does ownership structure explain the zero-leverage puzzle? Authors: Ásta Brá Hafsteinsdóttir and Snædís Helgadóttir Supervisor: Håkan Jankensgård Theoretical framework: Modigliani and Miller Theorems, Trade-off Theory, Pecking Order Theory, Market Timing Theory, Agency theory, theories regarding ownership structure. Method: Quantitative approach using logit model regressions with panel data to interpret the relationship between ownership structure and zero- and almost zero-leverage. READ MORE