企业和行业资本结构的具体决定因素:来自澳大利亚市场论文的证据

2015 Financial Markets & Corporate Governance Conference (Archive) Pub Date : 2015-01-30 DOI:10.2139/ssrn.2557861

Lary Li, S. Islam

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引用次数: 4

摘要

我们证明了公司特定因素和行业特定因素在澳大利亚公司杠杆决策中的重要性。实证结果表明，一些企业特定因素在不同行业中有所不同，而先前的文献假设这些因素的影响是相等的。此外，我们发现行业特定因素对澳大利亚公司资本结构的形成有直接和间接的影响。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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Firm and Industry Specific Determinants of Capital Structure: Evidence from Australian Market Paper

We demonstrate the importance of firm-specific and industry-specific factors in the leverage decision of Australian firms. Empirical findings show that some firm-specific factors vary across industry, while prior literature assumes equal impact of these factors. In addition, we find that industry-specific factors have direct and indirect impact on the formation of capital structure of Australian firms.

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2015 Financial Markets & Corporate Governance Conference (Archive)

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