Essays about: "Zero-leverage puzzle"
Found 3 essays containing the words Zero-leverage puzzle.
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1. The Zero-leverage Puzzle : Evidence from Sweden
University essay from Uppsala universitet/Företagsekonomiska institutionenAbstract : 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
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2. Ownership Structure and the Zero-leverage Puzzle – An empirical study on the Swedish market
University essay from Lunds universitet/Företagsekonomiska institutionenAbstract : .... READ MORE
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3. Does ownership structure explain the zero-leverage puzzle?
University essay from Lunds universitet/Företagsekonomiska institutionenAbstract : 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