haku: @freeterm UNTERNEHMENSSTRATEGIE, KAPITALSTRUKTUR, / yhteensä: 1
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Tekijä: | Balakrishnan, S. Fox, I. |
Otsikko: | Asset specificity, firm heterogeneity and capital structure |
Lehti: | Strategic Management Journal
1993 : JAN, VOL. 14:1, p. 3-16 |
Asiasana: | |
Vapaa asiasana: | UNTERNEHMENSSTRATEGIE, KAPITALSTRUKTUR, FINANZWIRTSCHAFT |
Kieli: | eng |
Tiivistelmä: | This paper presents an empirical investigation of the importance of specialized assets and other unique characteristics of a firm in explaining the variance in capital structure across firms. The results show that firm-specific effects contribute most to the variance in leverage, suggesting a strong link between strategy and capital structure. |
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