{"title":"Product Market Performance and Capital Structure: A Hierarchical Bayesian Semi-Parametric Panel Regression Model","authors":"S. Mukhoti, Kousik Guhathakurta","doi":"10.2139/ssrn.2566832","DOIUrl":"https://doi.org/10.2139/ssrn.2566832","url":null,"abstract":"The relationship between product market performance of a firm and its capital structure has drawn considerable amount of attention recently amongst corporate finance researchers. The same was established to be non-monotonic in the context of a developed market. The non-monotonicity in the functional form could be expressed by pieces of straight lines joined at different values of debt (or knots). In this paper we address the issue of estimating the slopes of different line segments along with the positions of the knots from a panel of firms using an adaptive hierarchical Bayesian semi-parametric regression model. Further,keeping in mind that such a relationship is less investigated in emerging economies where the debt market dynamics may be different we investigate the same for an emerging economy. In the process we provide the economic rationale for varying sign and magnitude of the slopes of the line segments discussed above.","PeriodicalId":388129,"journal":{"name":"LSN: Parenting Time (Visitation) (Topic)","volume":"225 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2015-02-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116156283","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Rethinking Visitation: From a Parental to a Relational Right","authors":"Ayelet Blecher-Prigat","doi":"10.2139/ssrn.968930","DOIUrl":"https://doi.org/10.2139/ssrn.968930","url":null,"abstract":"The article proposes a new understanding of the right to visitation that challenges the common understanding of the right to visitation as a parental right and as an integral component of the cluster of rights associated with parental status. Instead, it suggests that visitation be understood as an independent right based on relational values. Understanding visitation as a parental right marginalizes relational values and thwarts the development of a coherent theory of visitation. The absence of such a theory could account for the perplexity plaguing visitation issues. Detaching visitation from the cluster of rights associated with parental status and constructing it as an independent relational right enables us to develop a theory of visitation that places questions pertaining to visitation with children within an adequate conceptual framework. This detachment will transform not only the right to visitation but legal parenthood itself, strengthening the tie between rights considered parental and day-to-day child rearing. Furthermore, it will enable recognition of visitation rights for non-parents, while also preserving the principle of exclusive parental authority.","PeriodicalId":388129,"journal":{"name":"LSN: Parenting Time (Visitation) (Topic)","volume":"2018 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2007-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133729018","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}