scholarly journals The importance of the generation and size category factors in the financing decision of family-owned firms

2013 ◽  
Vol 3 (1) ◽  
pp. 59
Author(s):  
Rui Manuel Sobral Rita
2013 ◽  
Vol 1 (2) ◽  
pp. 131 ◽  
Author(s):  
Mohamed Syazwan Ab Talib ◽  
Lim Rubin ◽  
Vincent Khor Zhengyi

This is a preliminary study developed to explore the determinants of capital structure of Shariah-compliant firms listed in Bursa Malaysia. This study is primarily motivated by the issue of the determinants still being inconclusive in the area of capital structure. The study is performed using the static models namely Pool Ordinary Least Square, Fixed Effect and Random Effect Model. Empirical analysis on the determinants reveals that country specific factor which is GDP and sector specific factor which is industry concentration are also significant in influencing the corporate financing decisions in this country along with firm specific factors such as efficiency, bankruptcy risk, profitability, tangibility, liquidity and size of the firm. The findings revealed that results are sensitive to models employed in the study. Nevertheless, the applicability of capital structure theories such as the trade-off theory, agency theory and pecking order theory diverge across sectors in Malaysia. The pecking order theory and agency theory are found to be the dominant theories governing the corporate financing decision in the country as well. It indicates strong evidence of hierarchy practised in firms’ financing decision. The finding on agency theory being dominant justifies the function of short-term debt as a controlling mechanism to mitigate the agency problem arises within firms across sectors. 


Author(s):  
Khalid Alkharabsheh ◽  
Yania Crespo ◽  
Manuel Fernández-Delgado ◽  
José R. Viqueira ◽  
José A. Taboada

Cancers ◽  
2021 ◽  
Vol 13 (5) ◽  
pp. 1143
Author(s):  
Gustav Stålhammar ◽  
Hans E. Grossniklaus

Malignant tumors are rarely homogenous on the morphological, genome, transcriptome or proteome level. In this study, we investigate the intratumor heterogeneity of BAP-1 expression in uveal melanoma with digital image analysis of 40 tumors. The proportion of BAP-1 positive cells was measured in full tumor sections, hot spots, cold spots and in scleral margins. The mean difference between hot spots and cold spots was 41 percentage points (pp, SD 29). Tumors with gene expression class 1 (associated with low metastatic risk) and 2 (high metastatic risk) had similar intratumor heterogeneity. Similarly, the level of intratumor heterogeneity was comparable in tumors from patients that later developed metastases as in patients that did not. BAP-1 measured in any tumor region added significant prognostic information to both American Joint Committee on Cancer (AJCC) tumor size category (p ≤ 0.001) and gene expression class (p ≤ 0.04). We conclude that there is substantial intratumor heterogeneity in uveal melanoma BAP-1 expression. However, it is of limited prognostic importance. Regardless of region, analysis of BAP-1 expression adds significant prognostic information beyond tumor size and gene expression class.


2021 ◽  
Vol 7 (1) ◽  
pp. 101-114
Author(s):  
Sandra Tullio-Pow ◽  
Kirsten Schaefer ◽  
Ben Barry ◽  
Chad Story ◽  
Samantha Abel

The retail landscape includes a vast array of clothing choices, yet style options remain extremely limited for Canadian women in the plus-size category (sizes 14W‐40W). Our study empowered women who wear size 20+ by bringing them into the conversation about plus-size apparel design and development. Few studies have identified clothing solutions utilized by plus-size women or how clothing impacts their feelings about themselves, and there is no research on the clothing needs of women in the upper plus-size range. We recruited participants through Facebook posts to plus-size communities and clothing swap groups located in a major Canadian city. Our research design had a human-centred focus and included co-design methods. Activities included body mapping, body scanning and co-design activities with sixteen women in a full-day workshop to unpack their ideas about plus-size clothing in a body-positive space to foster confidence, strength and autonomy. Body maps allowed our participants to embrace creativity as a tool to communicate meaning in an empowering way. Body scanning provided a quick way to electronically capture body shape and size through circumferential measurements. Co-design activities included drawing and writing. Proposed clothing designs were drawn on body templates derived from participant’s personal body scans. Participants elaborated on their clothing ideas by completing a needs and features chart to share perceived problems and propose solutions. Emergent themes included participants’ ideas about meaning and empowerment, proposed clothing designs, detailed information regarding clothing fit and selection challenges, as well as their feelings about the co-design process. Consultation with people, using co-design methods is a way to reveal fashion gaps and an opportunity to improve customer satisfaction and increase sales and thus is important to designers and retailers specializing in the plus-size market.


2020 ◽  
Vol 4 (1) ◽  
pp. 11-21
Author(s):  
Ritma Palupi

Matters about financing decision based on pecking order theory’s hierarchy are currently appealing. This research strives to discover how corporate’s fixed asset investment reacts to cash flow, debt issuance, and equity issuance. Researcher uses 75 samples of manufacturing company in Indonesia during 2010-2014 period with 199 firm-year observation. Multiple linear regression’s result indicates that cash flow and debt issuance have influence towards corporate’s fixed asset investment, but the equity issuance have no influence towards corporate’s fixed asset investment. Also regression coefficient exhibits that manufacturing company in Indonesia follows pecking order theory’s hierarchy.  Cash flow’s influence towards fixed asset investment is more significant than debt issuance’s, and debt issuance’s influence is stronger than equity issuance. This points out that corporate’s fixed asset investment is more sensitive towards cash flow (internal fund) compared to debt issuance (external fund), and so is debt issuance is more sensitive compared to equity issuance. With all that in mind, it is concluded that manufacturing company in Indonesia follows pecking order theory in terms of financing decision, which uses internal fund at first then started to use external fund if deemed necessary. 


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