...Keunbae Ahn; Gerhard Hambusch; Kihoon Hong; Marco Navone Purpose Throughout the 21st century, US households have experienced unprecedented levels of leverage. This dynamic has been exacerbated by income shortfalls during the COVID-19 crisis. Leveraging and deleveraging decisions affect household...

... tradeoff theory. Design/methodology/approach The authors isolate the variation in leverage due to different targets from that caused by deviations by aggregating the data across a dimension identifying firms with similar targets – credit rating category. Findings Contrary to theoretical priors...

... in CR and also contributes to the optimal debt-maturity choice literature. Hardjo Koerniadi can be contacted at: hkoernia@aut.ac.nz 15 07 2021 11 11 2021 12 12 2021 Risk-taking Credit rating Behavioural theory of firm Asset substitution theory Leverage Corporate...

...Md Ruhul Amin; Andre Varella Mollick Purpose This paper aims to investigate how the relation between stock returns of US firms and West Texas Intermediate (WTI) oil prices is affected by leverage from 1990 to 2020. Design/methodology/approach This paper examines how the relationship between...

... the influence of internally generated funds on leverage during the financial crisis compared to the non-crisis period. Design/methodology/approach The authors use a fixed-effects dynamic model to examine the impact of internally generated funds – measured as cash flow – with a data set that includes non...

...Umar Butt Purpose The purpose of this paper is to identify the impact of governance structures in defining the relationship between profits and leverage. Design/methodology/approach The paper uses the standard design used by Fama and French (2002) and employs it under different governance...

.... The results also reveal that the overall effect of macroeconomic uncertainty on capital structure among firms with better governance quality is significantly negative. The evidence suggests that corporate governance acts as an effective mechanism to curb the usage of leverage during times of high volatility...

... models for the analysis, whereas studies on small-sized firms are very meager. As majority of the research papers are written only at the organizational level, the impact of leverage on various industries is yet to be examined. The review highlights the major determinants of capital structure...

... at: krishna@waikato.ac.nz © Emerald Group Publishing Limited 2014 Corporate governance Board of directors Leverage Cooperatives Independent directors Mutuals The global financial crisis of 2007-2010 has once again brought into question the efficacy of corporate governance practices...

... and the natural log of sales. Findings Total lease share increases with leverage, tax position and growth; it decreases with cash flow coverage, ownership concentration and firm size. Results for operating lease share are similar to those for total lease share. In contrast, capital lease share decreases...