... in terms of outsourcing R&D investments, as a determinant of capital structure. Moreover, it also considers the contingent role of family firms in the above-mentioned relationship. Design/methodology/approach We conducted several panel data fixed-effects regressions based on a sample of 10,584 firm...

... short-term bank loans. This paper makes a number of contributions. First, it attempts to extend the empirical work of the capital structure literature and provide more evidence of the trade-off theory, especially for short-term leverage using data from market-oriented and bank-oriented economies...

... and to explore whether capital structure mediates the relationship between CEO characteristics and firm performance. Design/methodology/approach In order to test the hypothesized model, CEO duality, tenure and personal characteristics (age, gender and education) were taken as explanatory variables to study...

... to scholars, investors and policy makers worldwide, since handling corporate financial structure and international strategies needs to be addressed in today’s global business environment. Capital structure Ownership structure Financial constraints Export propensity Small and medium-size enterprises...