Capital structure

Financing Decisions: Is the Quality of Information Still Relevant to be Considered?

On: January 31, 2023

Information asymmetry makes it difficult for company management to make decisions regarding funding sources. This study aims to investigate and explain the behaviour of company management when faced with asymmetric information problems. Data on 459 companies in Indonesia during the 2005–2019 period are surveyed in an attempt to provide theContinue Reading

Dynamic Adjustment towards Target Capital Structure: Thailand Evidence

By: SITI HASLINA TON ZAINAL ABIDIN

On: October 8, 2022

By employing panel data, the present study examines the dynamic aspects of capital structure of 269 non-financial listed firms in Thailand from 2000 to 2009. This is a relatively new area in finance literature. The present study investigates the existence of target capital structure, speed of adjustment and factors affectingContinue Reading