An alternative test of the trade-off theory of capital structure

Giorgio Canarella, Mahmoud Nourayi, Michael J. Sullivan

Research output: Contribution to journalArticlepeer-review

Original languageEnglish
Pages (from-to)365-386
Number of pages22
JournalContemporary Economics
Volume8
Issue number4
DOIs
StatePublished - Dec 28 2014

ASJC Scopus Subject Areas

  • Business and International Management
  • Accounting
  • Business, Management and Accounting (miscellaneous)
  • Social Sciences (miscellaneous)
  • Finance
  • Economics, Econometrics and Finance (miscellaneous)
  • General Economics,Econometrics and Finance

Keywords

  • Capital structure theories
  • Cross-sectional dependence
  • Debt ratio
  • Panel unit root tests

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