... governance attributes on the capital structure of US lodging firms and show the limited applicability of agency and stewardship theories. Practical implications Theoretical and managerial implications are suggested in terms of balancing leadership structure attributes from the agency and stewardship...

...Erdinc Karadeniz; Serkan Yilmaz Kandir; Mehmet Balcilar; Yildirim Beyazit Onal Purpose The purpose of this paper is to investigate the factors affecting capital structure decisions of Istanbul Stock Exchange (ISE) lodging companies. Design/methodology/approach A model based on the trade‐off...

...Vinnie Jauhari; Kirti Madan Purpose The article seeks to evaluate the capital structure of leading hotel chains of India to examine the role of financing decision in the overall performance of companies. It aims to analyze the debt‐equity structure of these hotels, try to discover the industry...

...Arun Upneja; Michael C. Dalbor Examines the capital structure decisions of restaurant firms. Hypothesizes that these decisions are based upon a financial “pecking‐order” as well as the position of the firm in the financial growth cycle. Using ratios from publicly‐traded restaurant firms in the USA...