The Capital Structure Puzzle: The Evidence Revisited

By Michael J. Barclay, Clifford W. Smith. 2005

208 citations recorded by the source corpus.

Subfields: Accounting, Finance, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/005ca141b3eda39a53c57c47db3304b00a9102e9

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

1. K. Hussainey
2. B. Al‐Najjar
3. Soku Byoun
4. Jian Chen
5. Roger Strange
6. Khaleed Omair Alotaibi
7. Cemil Kuzey
8. Collins G. Ntim

In Finance

1. K. Hussainey
2. B. Al‐Najjar
3. Soku Byoun
4. Jian Chen
5. Roger Strange
6. Yongcheol Shin
7. Vi Dang
8. Khaleed Omair Alotaibi

In Strategy and Management

1. K. Hussainey
2. Soku Byoun
3. B. Al‐Najjar
4. Roger Strange

Citations in the corpus

• Financial Flexibility and Capital Structure Decision (2011, background): “…(1984), Titman and Wessels (1993), Chang and Dasgupta (2003), and Lemmon and Zender (2004) under the pecking-order framework and Frank and Goyal (2003), Fama and French (2002), Barclay and Smith (2005), Leary and Roberts (2005), Strebulaev (2007), and Byoun (2008) under the tradeoff framework.”
• Revisiting the capital‐structure puzzle: UK evidence (2011, background): “In their recent paper, Barclay and Smith (2005) revisited the capital-structure puzzle and concluded that different capital-structure theories lead to different and diametrically opposed decisions and outcomes.”
• The Determinants of Capital Structure: Evidence from Chinese Listed Companies (2005, background): “Perhaps this reflects the ‘one reality-two stories’ phenomenon in corporate finance research (Barclay and Smith, 2005).”