0

the capital structure of the university spin offs

BCKH DETERMINANTS OF CAPITAL STRUCTURE OF LISTED MANUFACTURING THE CASE IN VIETNAM

BCKH DETERMINANTS OF CAPITAL STRUCTURE OF LISTED MANUFACTURING THE CASE IN VIETNAM

Kinh tế

... Miller, M.H, (1958), The Cost of Capital, Corporate Finance,and the Theory of Investment” American Economic Review Rajan, R G & Zingales, L, (1995), “What we know about capital structure? Some evidence ... The Journal of Finance Trần Đình Khôi Nguyên (2006) Capital structure in small and medium-sized enteprises: the case of Vietnam” ASEAN Economic Bulletin Nguyễn Ngọc Vũ (2003) “Determinants of ... Vũ (2003) “Determinants of capital structure for listed firms in the Vietnam stock Exchange Market” Danang University Press, Danang, Vietnam Stata Web Book University of California, Los Angeles...
  • 9
  • 618
  • 2
A study of the factors affecting the capital structure of the companies listed on vietnam stock market

A study of the factors affecting the capital structure of the companies listed on vietnam stock market

Tiến sĩ

... Analyse the impact of managerial factors of the The thesis focuses on investigating factors affecting the Vietnamese companies on the capital structure; (vii) Propose the capital structure of the ... Influences of other factors 2.2.2 Data and sample To test for the impact of the aboved mentioned factors on the the capital structure of listed companies, the thesis uses balanced panel data of companies ... to the limitation of data collection, this thesis measures limit the explanatory power of capital structure theory in Vietnam the company’s capital structure using accounting based value of the...
  • 12
  • 1,110
  • 3
(1)THE IMPACT OF FOREIGN OWNERSHIP ON CAPITAL STRUCTURE OF FIRMS LISTED ON HO CHI MINH STOCK EXCHANGE

(1)THE IMPACT OF FOREIGN OWNERSHIP ON CAPITAL STRUCTURE OF FIRMS LISTED ON HO CHI MINH STOCK EXCHANGE

Đầu tư Chứng khoán

... new theory of capital structure: the “market timing theory of capital structure This theory states that the current capital structure is the cumulative outcome of past attempts to time the equity ... explanation of much of the theory of corporate finance Accordingly, it made such great impact on the initial development of both the trade-off theory and the pecking order theory 1.1.1.2 The trade off theory ... Static trade-off theory The static trade-off theory affirms that firms have optimal capital structures, which they determine by trading off the costs against the benefits of the use of debt and...
  • 108
  • 1,051
  • 1
THE IMPACT OF FOREIGN OWNERSHIP ON CAPITAL STRUCTURE OF FIRMS LISTED ON HOSE

THE IMPACT OF FOREIGN OWNERSHIP ON CAPITAL STRUCTURE OF FIRMS LISTED ON HOSE

Kinh tế

... current capital structure theory called the capital structure market timing theory” This hypothesis announces that to time the equity market, new structure of capital is the additive final result of ... theory, the firms will not have the optimal capital structure and will prioritize the use of the internal funding 2.3.4 The agency cost of theory An additional study on capital structure is the ... situation of the company such as liquidity, solvency and valuation ratios The theory of the Miller’s and Modigliani (1958) “Irrelevance theory of capital structure paved the way for other models of...
  • 61
  • 520
  • 0
Determinants of capital structure of listed construction companies in vietnam”

Determinants of capital structure of listed construction companies in vietnam”

Kinh tế - Thương mại

... 1.1.2.2 Trade-off Theory of Capital Structure 10 1.1.2.3 Agency Theory of Capital Structure 12 1.1.2.4 Pecking Oder Theory 18 ii 1.2 Determinants of Capital Structure ... Capital Structure Irrelevance Proposition Modigliani and Miller's Tradeoff Theory of Leverage 1.1.2.2 Trade-off Theory of Capital Structure 10 x 1.1.2.3 Agency Theory of Capital ... identified to optimize the capital structure Modigliani and Miller's Tradeoff Theory of Leverage The tradeoff theory of MM was developed with the presence of tax shield Notwithstanding, there are still...
  • 78
  • 602
  • 0
Determinants of capital structure of listed construction companies in vietnam

Determinants of capital structure of listed construction companies in vietnam

Kinh tế - Thương mại

... identified to optimize the capital structure Modigliani and Miller's Tradeoff Theory of Leverage The tradeoff theory of MM was developed with the presence of tax shield Notwithstanding, there are still ... However, the determinants of capital structure can be identified.” 1.1.2.2 Trade-off Theory of Capital Structure The trade-off theory refers to a decision that a firm can find out an optimal capital ... integrates elements from the theory of agency, the theory of property rights and the theory of finance to generate the concept of ownership structure, whose main objective is to issue the optimal agreement...
  • 75
  • 315
  • 0
ON THE DETERMINANTS OF CAPITAL STRUCTURE: AN EMPIRICAL STUDY OF VIETNAMESE LISTED FIRMS

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

Thạc sĩ - Cao học

... choice of capital structure The ones reviewed in this section will be the trade-off theory, the agency cost theory and the pecking-order theory 2.2.1 THE TRADE-OFF THEORY The trade-off theory ... theories of capital structures? 1.2 RESEARCH OBJECTIVES In short, the purposes of the research are: (1) An overview of the theory of capital structure in order to see the importance of an optimal capital ... in the attempt to explain companies’ capital structure The trade-off theory advances that the choice of capital structure in a firm is a result of a trade-off theory between the benefits of debt,...
  • 42
  • 1,234
  • 1
ON THE DETERMINANTS OF CAPITAL STRUCTURE: AN EMPIRICAL STUDY OF VIETNAMESE LISTED FIRMS

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

Thạc sĩ - Cao học

... other tier of the company, the management team is directly responsible for the day-to-day operations (and profitability) of the company * Chief Executive Officer (CEO) – As the top manager, the ... to maintain the smooth operation of the firm, with the assistance of senior management Often, the CEO will also be designated as the company's president and therefore also be one of the inside ... was accepted The means of results in table told that the more proportion number of women on boardroom, the higher profit of bank The higher proportion number of women on the board, the larger bank...
  • 51
  • 546
  • 0
Working Paper Series no 1096 / September 2009: The determinants of Bank capital structure potx

Working Paper Series no 1096 / September 2009: The determinants of Bank capital structure potx

Ngân hàng - Tín dụng

... targets The section also considers Tier capital and banks that are close to the regulatory minimum level of capital In Section we offer a number of conjectures about theories of bank capital structure ... regulation for the capital structure of the banks in our sample An alternative, less stark view of the impact of regulation has banks holding capital buffers, or discretionary capital, above the regulatory ... Leverage is a structure that increases the sensitivity of equity to the underlying performance of the (financial) firm When referring to theory for an interpretation of the basic capital structure...
  • 52
  • 512
  • 1
The effect of economic and accounting variables on capital structure empirical evidence from iranian companies

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

Kinh tế - Quản lý

... 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 ... different theories related to whether there is truly optimal capital structure or not The main emphasis of Different theories is on whether the company can change the composition of various sources of ... reduce capital costs and affect the value of the stock market or not? The views about the proposed capital structure include Traditional theory, Modigliani and Miller Theory, Static Trade-off Approach...
  • 7
  • 394
  • 0
university of texas press the teotihuacan trinity the sociopolitical structure of an ancient mesoamerican city dec 2007

university of texas press the teotihuacan trinity the sociopolitical structure of an ancient mesoamerican city dec 2007

Cao đẳng - Đại học

... emerging from a goddess on the Teocalli, Tenochtitlan 157 8.12 Southerly view of the Plaza of the Moon 159 8.13 Plan of the Building of the Altars 160 8.14 Calendrical page of the Codex Féjérvary-Mayer ... Furthermore, these courtyards work in tandem with another feature of the avenue The walk is not only a directional one, but a vertical climb as well The southern section of the Avenue of the ... Although the Moon Pyramid and the mountain of Cerro Gordo serve as the focal point of the walk, the architecture lining the Avenue of the Dead greatly contributes to the whole majestic effect To the...
  • 227
  • 250
  • 0
the portability of capital structure theory do traditional models fit in an emerging economy

the portability of capital structure theory do traditional models fit in an emerging economy

Thương mại điện tử

... sophistication of capital markets, and protection of investor right limit the “portability” of traditional capital structure theories to the emerging markets of Eastern and Central Europe An insight into the ... however, is beyond the scope of the present paper, and will be pursued in a later study The paper begins with a review of the literature on the firm’s choice of capital structure and the nascent interest ... determinants of capital structure would be naïve As a contrast to the Vietnamese study, for instance, one can cite the findings of Supanvanij, 2006, who tests the received theories of capital structure...
  • 17
  • 518
  • 1
The determinants of Bank capital Structure pdf

The determinants of Bank capital Structure pdf

Tài liệu khác

... the regulatory minimum 28 This is the outcome of joint-significance tests of the sum of the coefficient on the explanatory variable and the interaction term of the explanatory variable with the ... Accordingly, the standard deviation of the size of US banks is roughly half of the standard deviation of the size of EU banks Table A1: Macro-variables and US vs, EU separately The sample consists of the ... Leverage is a structure that increases the sensitivity of equity to the underlying performance of the (financial) firm When referring to theory for an interpretation of the basic capital structure...
  • 52
  • 603
  • 3
The effects of capital structure on firm performance and firm transparency  a study of firms listed in ho chi minh stock exchange (hose)

The effects of capital structure on firm performance and firm transparency a study of firms listed in ho chi minh stock exchange (hose)

Tổng hợp

... whereas the most studies focus on the determinants of capital structure or determining optimal capital structure The roots of capital structure theory refer to more than fifty decades since the seminal ... new look of effectiveness of capital structure The research findings are expected to contribute to financial managers of Vietnamese firms in HOSE some evidences of the impacts of capital structure ... with the purpose to validate conclusions of previous authors in the context of Vietnam market Traditional capital structure theories After the research process around the tile of articles, there...
  • 72
  • 742
  • 1
The impact of credit ratings on capital structure (the case of listed companies on hose)

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

Tổng hợp

... List of Figures Figures 1: : Market share of credit ratings agencies Figures 2: Trade-off theory‘s Capital structure (The Optimal Capital Structure, the Value of the Firm and the Cost of Capital) ... capital structure 2.2.1.1 .The Irrelevance Theory of Capital Structure Before Modigliani and Miller (MM) (1958), there was no accepted theory of capital structure They argued that the choice of ... .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 13 2.2.1.4.Pecking Order Theory .15...
  • 93
  • 368
  • 1
The impact of capital structure on firm performance of listed companies in HNX

The impact of capital structure on firm performance of listed companies in HNX

Tổng hợp

... The assets of the company are comprised of both debt and equity Both of these types of financing are used to fund the operations of the company The ROA figure gives investors an idea of how effectively ... equity, however, does not The thought of another way, the actual rate of interest companies pay on the bonds that they issue is less than the nominal rate of interest because of the tax savings Studies ... optimal capital structure for a company is the one that proffers a balance between the debt and equity thus minimizing the firm’s cost of capital Theoretically, debt financing usually proffers the...
  • 69
  • 603
  • 1
Cambridge studies in linguistics 142martina wiltschko the universal structure of categories  towards a formal typology cambridge university press (2014)

Cambridge studies in linguistics 142martina wiltschko the universal structure of categories towards a formal typology cambridge university press (2014)

Tổng hợp

... Cambridge University Press is part of the University of Cambridge It furthers the University s mission by disseminating knowledge in the pursuit of education, learning and research at the highest ... Hypothesis Methodological implications Overview 1 10 19 23 29 36 A history of ideas behind the spine 39 2.1 2.2 2.3 2.4 Structure Labels in the structure: functional categories The areas of the spine ... 4.3 4.4 4.5 Tense as an anchoring category The Universal Base Hypothesis The No Base Hypothesis The Universal Spine Hypothesis The universal structure of the anchoring category 98 100 114 118 139...
  • 378
  • 2,371
  • 0
THE structure of the multiprogramming system

THE structure of the multiprogramming system

Kỹ thuật lập trình

... in their homing position Each process blocked in the course of task execution relies on the other processes for removal of the barrier Essentially, the proof in question is a demonstration of the ... they are called the P-operation and the V-operation A process, "Q" say, that performs the operation " P (sem)" decreases the value of the semaphore called "sem" by If the resulting value of the ... the value of the semaphore called "sem" by If the resulting value of the semaphore concerned is positive, the V-operation in question has no further effect; if, however, the resulting value of...
  • 6
  • 713
  • 0
Báo cáo y học:

Báo cáo y học: "Incidence of Ocular Zoonoses referred to the Inflammatory and Autoimmune Ocular Diseases Service of the University of Parma - Italy"

Y học thưởng thức

... this case the patient had a panuveitis, which recovered only after a combination of medical treatment and surgery, with a final visual acuity of 40% in the affected eye [1] The only case of Lyme ... in the specific section Figure 1: Geographical location of the province of Parma (Italy) References Mora P, Vecchi M, Barbera L, Toscani M, Orsoni JG Use of systemic cyclosporin A in a case of...
  • 2
  • 447
  • 0
Techniques for developing content reading skills for the third year students at the university of odonto and stomatology

Techniques for developing content reading skills for the third year students at the university of odonto and stomatology

Thạc sĩ - Cao học

... the students Types of text are chosen to be the focus of 20% of the teachers and 5% of the students The same amount of the students (5%) concentrate on the relating knowledge of Dentistry meanwhile ... ideas…related to the topic of the text drew the attention of 40% of the teachers and 12.5% of the students This shows that words and structures are of importance in avoiding the students’ misunderstanding ... methods of the study Part II comprises four chapters Chapter I deals with an overview of the theoretical background of the research It is concerned with the issues relevant to the topic of the research:...
  • 49
  • 1,199
  • 2

Xem thêm