Optimal Capital Structure and the Corporate Pension

2005 ◽  
Author(s):  
Justin Pettit
Keyword(s):  
Capital Structure ◽  
Optimal Capital Structure ◽  
Corporate Pension ◽  
Optimal Capital

The Determinants of Dynamic Optimal Capital Structure in Korean Firms

2019 ◽  
Vol 37 (1) ◽  
pp. 115-140
Author(s):  
Eun-yub Park ◽  
Young-jae Kim
Keyword(s):  
Capital Structure ◽  
Optimal Capital Structure ◽  
Optimal Capital

Hedging with Forward Contracts and the Firm's Optimal Capital Structure

2002 ◽  
Author(s):  
Lutz Hahnenstein ◽  
Klaus Röder
Keyword(s):  
Capital Structure ◽  
Forward Contracts ◽  
Optimal Capital Structure ◽  
Optimal Capital

JUSTIFICATION FEATURES OF THE OPTIMAL CAPITAL STRUCTURE OF IT COMPANIES IN THE MODERN CONTEXT

2019 ◽  
Vol 1 (5) ◽  
pp. 197-206
Author(s):  
N. A. Tolkacheva ◽  
Keyword(s):  
Capital Structure ◽  
Optimal Capital Structure ◽  
Modern Context ◽  
Optimal Capital

Financing Decisions and Performance of Italian SMEs in the Hotel Industry

2018 ◽  
Vol 60 (4) ◽  
pp. 335-354 ◽  
Author(s):  
Marco Botta
Keyword(s):  
Capital Structure ◽  
Financial Performance ◽  
Optimal Level ◽  
Pecking Order ◽  
Optimal Capital Structure ◽  
Financing Decisions ◽  
Medium Enterprise ◽  
Optimal Capital ◽  
And Performance ◽  
The Relationship

This study investigates the existence of an optimal capital structure for small and medium enterprise (SME) hotels through the analysis of the relationship between financing decisions and financial performance in a large sample of Italian hotel SMEs. The results show that hotel SMEs face an optimal capital structure that allows them to maximize returns to investors, while instead having both too little and too much debt reduces their financial performance. This notwithstanding, we show that hotel SMEs are not particularly concerned with optimizing their capital structure, and their funding behavior is deeply connected with the availability of internally available funds, a typical pecking order behavior, and they result extremely slow in converging toward their optimal level of leverage so that they could improve their performance by adopting a more sophisticated financial strategy.

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