A Critical Review of the Effects of Stock Returns and Market Timing on Capital Structure
作者机构:Keystone AcademyBeijingChina Shanghai Lingke Bilingual SchoolShanghaiChina The Second Middle School of NanningNanningChina
出 版 物:《Management Studies》 (管理研究(英文版))
年 卷 期:2023年第11卷第6期
页 面:312-321页
学科分类:0202[经济学-应用经济学] 02[经济学] 020205[经济学-产业经济学]
主 题:capital structure stock returns market timing
摘 要:Capital structure is regarded as the combination of debt and equity firms used to finance operations and *** choice of capital structure significantly impacts a company’s cost of capital,profitability,and risk *** a series of factors that affect capital structure,this paper focuses on stock returns and market *** this review,an array of papers is analyzed to summarize what current research claims regarding the influence of stock returns and market timing on capital *** paper centers on the stock return and market timing theories and also discusses other theories like the trade-off theory,the pecking order theory,and the signaling theory.