Please use this identifier to cite or link to this item: http://hdl.handle.net/10553/43559
DC FieldValueLanguage
dc.contributor.authorGarcía Padrón, Yaizaen_US
dc.contributor.authorCáceres Apolinario, Rosa Maríaen_US
dc.contributor.authorMaroto Santana, Octavioen_US
dc.contributor.authorVerona Martel, María Concepciónen_US
dc.contributor.authorJordán Sales, María Lourdesen_US
dc.date.accessioned2018-11-21T16:07:31Z-
dc.date.available2018-11-21T16:07:31Z-
dc.date.issued2005en_US
dc.identifier.issn1526-5943en_US
dc.identifier.urihttp://hdl.handle.net/10553/43559-
dc.description.abstractTo contrast the different factors that can determine the level of debt of firms by means of panel data methodology. Design/methodology/approach – The variables used in the study are: size, generated resources, level of warrants, debt cost, growth opportunities, and reputation. Six hypotheses are considered. Findings – The results obtained suggest that the stated variables, other than reputation, can be considered to be explanatory variables of firm debt level. Using within-groups estimation and generalized least squares, the results suggest that the behavior of the sample throughout the study period is consistent with the fixed effects approach, in which the specific characteristics of each firm remain constant throughout time. Moreover, with respect to the six considered hypotheses, the analysis shows the influence of all stated variables except reputation on the leverage. Originality/value – Adds to the body of research that has focused on the analysis of the financial decisions of the firm, with the level of debt appearing as a relevant factor in explaining the relationship between investment and financing decisions.en_US
dc.languageengen_US
dc.publisher1526-5943
dc.relation.ispartofJournal of Risk Financeen_US
dc.sourceJournal of Risk Finance[ISSN 1526-5943],v. 6, p. 60-68en_US
dc.subject5311 Organización y dirección de empresasen_US
dc.subject.otherGetión de empresasen_US
dc.titleDeterminant factors of leverage: an empirical analysis of Spanish corporationsen_US
dc.typeinfo:eu-repo/semantics/Articlees
dc.typeArticlees
dc.identifier.doi10.1108/15265940510581279
dc.identifier.scopus85015452594
dc.identifier.isi000213177400009
dc.contributor.authorscopusid57193653424
dc.contributor.authorscopusid57193645485
dc.contributor.authorscopusid22985807800
dc.contributor.authorscopusid57193651577
dc.contributor.authorscopusid22985410700
dc.description.lastpage68-
dc.description.firstpage60-
dc.relation.volume6-
dc.investigacionCiencias Sociales y Jurídicasen_US
dc.type2Artículoen_US
dc.contributor.daisngid12215698
dc.contributor.daisngid3222931
dc.contributor.daisngid8580383
dc.contributor.daisngid9414690
dc.contributor.daisngid27210179
dc.contributor.wosstandardWOS:Padron, YG
dc.contributor.wosstandardWOS:Apolinario, RMC
dc.contributor.wosstandardWOS:Santana, OM
dc.contributor.wosstandardWOS:Martel, MCN
dc.contributor.wosstandardWOS:Sales, LJ
dc.date.coverdateFebrero 2005
dc.identifier.ulpgces
item.fulltextSin texto completo-
item.grantfulltextnone-
crisitem.author.deptDepartamento de Economía Financiera y Contabilidad-
crisitem.author.deptDepartamento de Economía Financiera y Contabilidad-
crisitem.author.deptDepartamento de Economía Financiera y Contabilidad-
crisitem.author.deptDepartamento de Economía Financiera y Contabilidad-
crisitem.author.deptDepartamento de Economía Financiera y Contabilidad-
crisitem.author.orcid0000-0003-0229-1596-
crisitem.author.orcid0000-0002-4257-2299-
crisitem.author.fullNameGarcía Padrón, Yaiza-
crisitem.author.fullNameCáceres Apolinario, Rosa María-
crisitem.author.fullNameMaroto Santana, Octavio-
crisitem.author.fullNameVerona Martel, María Concepción-
crisitem.author.fullNameJordán Sales, María Lourdes-
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