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 ...

Small Business Economics, Vol. 47, No. 2, Special Issue: Small Business, Innovation, and Entrepreneurship (August 2016), pp. 535-550 (16 pages) Prior work examining the antecedents of capital ...

In this paper, we examine the stock price reactions to announcements of new security offerings by Real Estate Investment Trusts (REITs). REITs offer a unique setting in which to study these events ...

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 ...

The past decade has seen an extraordinary proliferation in ideas and theories about the two sides of the corporate financial management coin: capital structure and capital asset management. One can ...