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| Registros recuperados: 11 | |
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| Sporleder, Thomas L.; Moss, Leeann E.. |
| Agricultural biotechnology firms are high technology companies. Firms in general, and high technology firms in particular, are a set of both assets in place and growth opportunities. This has important implications for managerial decision-making. Knowledge capital motivates exploitation of growth options, which affects firm cash flow. In turn, the level and volatility of firm cash flow influences firm financing decisions. Previous studies suggest that knowledge capital can influence both the location and capital structure of firms in the biotechnology industry. However, empirical analysis has not extended to agricultural biotechnology firms. This research helps in understanding the role of knowledge capital and other intangible assets in capital structure... |
| Tipo: Journal Article |
Palavras-chave: Capital structure; Agricultural biotechnology; Knowledge capital; Intangible assets; Agribusiness. |
| Ano: 2004 |
URL: http://purl.umn.edu/8123 |
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| Bortolotti, Bernardo; Cambini, Carlo; Rondi, Laura; Spiegel, Yossi. |
| We construct a comprehensive panel data of 96 publicly traded European utilities over the period 1994-2005 in order to study the relationship between the capital structure of regulated firms, regulated prices, and investments, and examine if and how this interaction is affected by ownership structure. We show that firms in our sample increase their leverage after becoming regulated by an independent regulatory agency, but only if they are privately controlled. Moreover, we find that the leverage of these firms has a positive and significant effect on regulated prices, but not vice versa, and it also has a positive and significant effect on their investment levels. Our results are consistent with the theory that privately-controlled firms use leverage... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Regulated utilities; Regulatory agencies; Capital structure; Leverage; Investment; Private and state ownership; Public Economics; L51; G31; G32; L33. |
| Ano: 2007 |
URL: http://purl.umn.edu/7449 |
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| Lin, Xue; Jia, Xian-wei. |
| This paper reviews the connotation of agricultural listed company and the related researches on capital structure theory of enterprises in China. Based on this, research hypothesis is put forward. Capital structure has positive correlation with the scale, growth and debt paying ability of agricultural listed company, and has negative correlation with the profitability, operating capability and cash capacity. Taking 37 agricultural listed companies as the research samples, a total of 15 financial indices reflecting the growth, profitability, enterprise scale, operating capacity, cash capability and debt paying ability are selected to conduct factor analysis. Based on the principle of eigenvalue greater than 1, five factors are ascertained, which can explain... |
| Tipo: Thesis or Dissertation |
Palavras-chave: Agricultural listed company; Capital structure; Influencing factor; Optimization; China; Agribusiness; Industrial Organization. |
| Ano: 2009 |
URL: http://purl.umn.edu/54074 |
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| Bogan, Vicki. |
| Microfinance Institutions (MFIs) have risen to the forefront as invaluable institutions in the development process. Nevertheless, capital constraints have hindered the expansion of microfinance programs such that the demand for financial services still far exceeds the currently available supply. Moreover, it is observed that microfinance organizations have had various degrees of sustainability. Thus, the question of how best to fund these programs is a key issue. Recognizing the potential of microfinance in the development process, this paper examines the existing sources of funding for MFIs by geographic region, and explores how changes in capital structure could facilitate future growth and improve the efficiency and financial sustainability of MFIs.... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Microfinance Institutions; Capital structure; Financial Economics; F3; G21; G32; O1. |
| Ano: 2008 |
URL: http://purl.umn.edu/51125 |
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| Richards, Timothy J.; Manfredo, Mark R.. |
| Several explanations for merger activity exist for publicly traded firms, but none consider the unique aspects of cooperatives. This study develops a test for the hypothesis that cooperative consolidation occurs primarily in response to capital constraints associated with a lack of access to external equity capital. An empirical model estimates the shadow value of long-term investment capital within a multinomial logit model of transaction choice in a panel data set of the 100 largest U.S. cooperatives. The results substantially confirm the capital-constraint hypothesis. Thus, the primary implication is that internal growth may be a more viable alternative to consolidation if new forms of cooperative financing are developed. |
| Tipo: Journal Article |
Palavras-chave: Capital structure; Cooperative; Discrete choice; Joint ventures; Mergers; Multinomial logit; Strategic alliances; Agribusiness. |
| Ano: 2003 |
URL: http://purl.umn.edu/30718 |
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| Registros recuperados: 11 | |
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