Essays about: "Determinants of Capital Structure"

Showing result 21 - 25 of 62 essays containing the words Determinants of Capital Structure.

1. 21. Micro Drivers behind the Changes of CET1 Capital Ratio : An empirical analysis based on the results of EU-wide stress test

   University essay from Högskolan i Jönköping/IHH, Företagsekonomi

   Author : Dan Luo; Yajing Ran; [2019]
   Keywords : EU-wide Stress Testing; Bank Capital Structure; EU Banks; Determinants; Panel Data Analysis; GARCH Model.;

   Abstract : Background: Stress tests have been increasingly used as a part of the supervisory tool by national regulators after the financial crisis, which can also be used to conduct authorities’ supervisory for determining bank capital levels, assessing the health of a bank. Purpose: The main purpose of this study is to assess whether some micro factors play important roles on the changes of Common Equity Tier One Capital Ratio (between the bank accounting value and the stress testing results under the adverse scenarios). READ MORE

3. 22. Firm Specific Determinants of Capital Structure - Is Firm's Leverage Determined as a Residual of other Financial Decisions?

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Niklas Schomaker; Daniel Riebler; [2018]
   Keywords : Stability of Capital Structure; Leverage Determinants; Financial Deficit; Credit Ratings; Error Correction Model; Business and Economics;

   Abstract : This thesis empirically investigates the question if US firm’s capital structures are stable over longer periods of time and which firm characteristics drive optimal leverage. The analysis is based on a Compustat panel data sample consisting of 2,900 US firms between 1985 and 2016. READ MORE

4. 23. Capital Structure of Banks in EU: Does Size Matter? : A Quantitative Study of the Determinants of Banks’ Capital Structure

   University essay from Umeå universitet/Företagsekonomi

   Author : Vilma Saari; Sam Rudholm; [2018]
   Keywords : Capital Structure; Size; Bank; Regulatory Capital; Leverage Ratio;

   Abstract : The way the banks carry out their operations is determined by the size of the bank and by the banking regulation. In order to perform these operations, banks need to decide whether the operations are going to be financed with equity, debt or a with a mix of both. READ MORE

5. 24. Leverage in Pharma

   University essay from Lunds universitet/Företagsekonomiska institutionen

   Author : Carl Becht; Atle Nilsson; Samuel Ögren Brunsberg; [2018]
   Keywords : Pharmaceutical Industry; Capital Structure; Pecking Order Theory; Trade-off Theory; Corporate Social Responsibility; Business and Economics;

   Abstract : Purpose: To test established theories on capital structure determinants for the pharmaceutical industry and to discern the determinants of capital structure of this industry. Methodology: A quantitative study is conducted using a deductive approach to statistically describe the nature of the global pharmaceutical industry's capital structure. READ MORE

6. 25. Capital Structure Determinants within the Automotive Industry

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Nicolai Bakardjiev; [2018]
   Keywords : Capital Structure; Trade-off Theory; Pecking Order Theory; Firm Specific Determinants; Panel Data Regression.; Business and Economics;

   Abstract : This thesis aims to extend the capital structure literature and identify the firm specific determinants of leverage within the automotive industry, filling a gap in the academic literature, and providing a base for future research. Panel data comprised of 29 global automotive companies over a 10-year period, 2008-2017, is used to run OLS regressions on three classifications of capital structure: total debt, long-term debt, and short-term debt. READ MORE