The impact of credit ratings on capital structure (the case of listed companies on hose)

Ensuring Financial Stability: Financial Structure and the Impact of Monetary Policy on Asset Prices

... of monetary policy on the economy and on residential property prices (CGFS 2006) On the other hand, Tsatsaronis and Zhu (2004) conjecture that the prevalence of securitisation should reduce the ... the large 16 To identify the monetary policy shock it is sufficient to determine the position of the monetary policy instrument; the ordering of the variables in the groups before and after the ... effects on asset prices and, if so, whether these effects occur at about the same time horizons for different asset prices, whether they are large relative to the effects of monetary policy on inflation...

ON THE DETERMINANTS OF CAPITAL STRUCTURE: AN EMPIRICAL STUDY OF VIETNAMESE LISTED FIRMS

... Journal of Law economics Franck B and Usha R.Mittoo (2002) The determinants of Capital structure choice: A survey of European firms Friend and Lang, An empirical test of the impact of managerial ... 1984, The capital structure puzzle, Journal of Finance Vol 39, p 575-592 Narayan Rao and Lukose P J., 2000, An Empirical Study on the Determinants of the Capital Structure of Listed Indian Firms ... where of the empirical context of the research Due to the limitation of the study, we could not intelligently discuss why Vietnam and Vietnamese firms as an empirical context yields the result of...

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ON THE DETERMINANTS OF CAPITAL STRUCTURE: AN EMPIRICAL STUDY OF VIETNAMESE LISTED FIRMS

... between woman on the board and performance 1.2 Objectives of the study An objective of the study is to examine in the Vietnamese bank, the link between women’s participation in top management and its ... responsibilities to the Company and its shareholders The Board plays the central role in the Company’s corporate governance and oversees the work of management and the execution of the Company’s ... the company's president and therefore also be one of the inside directors on the board (if not the chairman) * Chief Operations Officer (COO) – Responsible for the corporation's operations, the...

Bank leverage effect case of listed companies on ho chi minh stock exchange

... MINISTRY OF EDUCATION AND TRAINING UNIVERSITY OF ECONOMICS HO CHI MINH CITY o0o - TRINH THI HANG BANK LEVERAGE EFFECT – CASE OF LISTED COMPANIES ON HO CHI MINH STOCK EXCHANGE MAJOR: BANKING ... at firms’ debt choice and performance This thesis also find the relationship between firms’ debt choice and bank loans in companies listed on Ho Chi Minh Stock Exchange (HOSE) of Vietnam as an ... why nearly one hundred percent of firms listed on HOSE choose bank loan At present, in the context of bank loan limitation for real estate sector of the State Bank of Vietnam, many corporate in...

Tài liệu A Historical Primer on the Business of Credit Ratings docx

... local governmental debt Part discusses the globalization of the agency bond rating business that has accompanied the globalization of capital markets since the 1970s, with some discussion of various ... Americans went on within a century to succeed the English as the world’s pre-eminent national economy Larry Neal, The Rise of Financial Capitalism: International Capital Markets in the Age of Reason ... U.S railroad corporations The corporate bond market, essentially a railroad bond market in its early decades, can properly be viewed as an American financial innovation that later spread to the...

Tài liệu Bank regulation, capital and credit supply: Measuring the impact of Prudential Standards pptx

... Bank regulation, capital and credit supply: Measuring the impact of prudential standards Table 4: Simulated impact of capital requirements on the balance sheet of the UK banking sector Panel A: Impact ... describes the measure of bank capitalization and its underlying computation 19 Bank regulation, capital and credit supply: Measuring the impact of prudential standards We model each bank s target ... to regulatory mandates) Bank regulation, capital and credit supply: Measuring the impact of prudential standards In a review of the literature on the impact of Basel I capital regulations, Jackson...

Credit Ratings and Capital Structure doc

... between credit ratings and capital structure The Credit Ratings and Capital Structure 1055 Table IV Credit Rating Impact on Capital Structure Decisions—POM Coefficients by Year Coefficients and standard ... only and 0.0030 for net equity only, and both are statistically significant at 1% Credit Ratings and Capital Structure 1059 Table V Credit Rating Impact on Capital Structure Decisions Credit ... performance Credit Ratings and Capital Structure 1049 Table I Sample Summary Statistics Ratings and Leverage Means, medians, and standard deviations of debt/(debt + equity) by credit rating...

The effect of economic and accounting variables on capital structure empirical evidence from iranian companies

... Agency Theory and Market Timing Theory Most of these theories are based on the company's internal structure and the impact of internal factors of the company and they are based on assumption of stability ... in capital market There are several factors that may have effect on this relationship On the other hand, several factors (economic and accounting) may influence the composition and structure of ... stability of economic factors and variables (Bokpin, 2009) In general, all of these theories about the determination of capital structure focus on answering questions such as; which combination of capital...

impact of listed companies’ attributes on information disclosure level and its consequences

... to consequences of ID, the dissertation has not only considered impact of ID to cost of owner equity but also evaluated consequences of general ID and ID of each information group to oscillation ... gap and its consequences on stock price in the market and cost of capital of listed companies in the year 2009 and 2010 5 1.2 Information Disclosure and its roles in listed companies 1.2.1 Information ... unusual and requested information It is concrete to confirm that there is a significant impact of listed companies’ attributes on information volume and update of unusual and requested ID with confidence...

Capital structure and firm performance case study listed companies in Hochiminh stock exchage Luận văn thạc sĩ

... MINISTRY OF EDUCATION AND TRAINING UNIVERSITY OF ECONOMICS HOCHIMINH CITY - oOo - HU NH ANH KI T CAPITAL STRUCTURE AND FIRM PERFORMANCE: CASE STUDY: LISTED COMPANIES IN HOCHIMINH STOCK ... opportunities and firm market performance of listed firms in Hochiminh Stock Exchange? Two research variables of the topic: Capital structure Firm performance Page Capital Structure and Firm Performance ... effect of capital structure on corporate market performance of listed firms in Hochiminh Stock Exchange This study used the accounting and market data of 171 listed companies in the Hochiminh Stock...

Capital structure and firm performance of listed companies in vietnam

... CAPITAL STRUCTURE AND FIRM PERFORMANCE OF LISTED COMPANIES IN VIETNAM In Partial Fulfillment of the Requirements of the Degree of MASTER OF BUSINESS ADMINISTRATION In Fianance by ... determinants of capital structure of Chinese listed companies for the period 1995-2000 applying the tradeoff and pecking order models He concluded that the capital structure choices of Chinese companies ... explained capital structure of the listed firms in HOSE?  What are the factors affecting the capital structure of the listed firms in HOSE?  Has the relationship between the parent companies and...

Corporate governance and firm performance of listed companies in vietnam

... CORPORATE GOVERNANCE AND FIRM PERFORMANCE OF LISTED COMPANIES IN VIETNAM In Partial Fulfillment of the Requirements of the Degree of MASTER OF BUSINESS ADMINISTRATION In Fianance ... board independence and firm s performance in a long run in case of US firms Mak and Yuanto (2002) examine the relationship between the size of the board and firm performance in Singapore and Malaysia, ... and firm performance in emerging markets In August 2011, there is a research about the impact of corporate governance on firm performance in Vietnam, which is measured by obtained survey of corporate...

The effect of foreign ownership on dividend policy the case of listed companies on hose

... participate in the final thesis defense Approved by The Effect of Foreign Ownership on Dividend Policy The case of listed companies on HOSE In Partial Fulfillment of the Requirements of the Degree of MASTER ... Overview of foreign ownership of listed companies on HOSE: This chapter will give the situation of foreign ownership of listed companies on HOSE from 2008-2012 period It has a summary of companies ... Title of Thesis: The effect of Foreign Ownership on Dividend payout policy: The case of listed companies on HOSE Advisor: Ph.D NGUYEN KIM THU I assure that the content of this thesis has been...

The impact of credit ratings on capital structure (the case of listed companies on hose)

... 11 2.2.1 Theories of capital structure .11 2.2.1.1 .The Irrelevance Theory of Capital Structure .11 2.2.1.2 .The Taxes theory of Capital Structure 12 2.2.1.3 .The Trade-off Theory ... Structure, the Value of the Firm and the Cost of Capital) .14 xi Abstract This research aims to examine the impact of credit ratings influencing the capital structure of listed enterprises on ... firms make their capital structure decisions Their survey of 392 US firms‘ CFOs shows that they consider credit ratings as the second most important concern when they make their capital structure...

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