Abstracts - faqs.org

Abstracts

Business

Search abstracts:
Abstracts » Business

Agency and tax explanations of security issuance decisions

Article Abstract:

A study was conducted to determine the impact of agency and tax factors on company financing decisions, focusing on UK companies because the tax system in the country provides opportunities to analyze companies' financial policy. An empirical analysis of the variables of capital structure on debt-equity ratios and of individual issues of debt or equity is conducted. Results revealed that agency and tax considerations are significant factors in security issuance-decision, if taken apart. If taken together, they result in a solid frugal model of actual debt and equity issues.

Author: Ryan, James (Irish novelist), Walsh, Eamonn J.
Publisher: Blackwell Publishers Ltd.
Publication Name: Journal of Business Finance and Accounting
Subject: Business
ISSN: 0306-686X
Year: 1997
Financial Management, Capital Management-Internal Funds NEC, Research, Finance, Securities, Capital markets, Capital investments, Corporations, Taxation, Corporate finance, Debt financing (Corporations), Debt financing

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


An examination of international equity markets using American Depositary Receipts (ADRs)

Article Abstract:

American Depository Receipts (ADR) are dollar-denominated receipts for non-US shares that allow foreign investors to trade in international equity markets. ADRs have also been increasingly used by domestic investors to purchase foreign stocks. An analysis of the relationship across time between ADR portfolio returns indicated a lead/lag relationship. The highest lead/lag and therefore the greatest risk was observed in the UK ADR portfolio.

Author: Webb, Shelly E., Officer, Dennis T., Boyd, Bryan E.
Publisher: Blackwell Publishers Ltd.
Publication Name: Journal of Business Finance and Accounting
Subject: Business
ISSN: 0306-686X
Year: 1995
Evaluation, Stocks, Portfolio management, American depository receipts, American depositary receipts, Foreign securities

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA



Subjects list: Analysis, Management
Similar abstracts:
  • Abstracts: Services advertising: a framework to its effectiveness. International services advertising: an examination of variation in appeal use for experiential and utilitarian services
  • Abstracts: The long-term performance of horizontal acquisitions. First mover advantages in international business and firm-specific political resources
  • Abstracts: Rapid and ultra-sensitive determination of enzyme activities using surface-enhanced resonance Raman scattering. part 2
  • Abstracts: Organizational transformation - from multinational to global: an early dynamic modeling perspective
  • Abstracts: International risk analysis: an empirical investigation of practices of Malaysian international firms. Protection in a changing and volatile world: a study of political risk insurance providers
This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.
Some parts © 2025 Advameg, Inc.