3 documents found, page 1 of 1
What factors impact debt levels in the health sector? Evidence for a bank syste...
Neves, Maria; Proença, Catarina; Cancela, Beatriz; Serrasqueiro, Zelia
How do Spanish unlisted family firms rebalance their capital structures?
Serrasqueiro, Zelia; Matias, Fernanda; Dieguez-Soto, JulioPurpose This paper seeks to analyze the family firm's capital structure decisions, focusing on the speed of adjustment (SOA) as well as on the effect of distance from the target capital structure on the SOA towards target short-term and long-term debt ratios in unlisted small and medium-sized family firms. Design/methodology/approach Methodologically, we use dynamic panel data estimators to estimate the effects...
Are there reliable determinant factors of capital structure decisions? Empirica...
Matias, Fernanda; Serrasqueiro, ZeliaOn the basis of the empirical literature review about the capital structure decisions in Portuguese SMEs, this study analyses the relationships between the determinants - profitability, size, age, asset structure and growth, identified as reliable determinants in the empirical literature, and debt for SMEs located in different regions of Portugal (NUTS II). The global sample is made up of 11.016 SMEs and covers...