Cross-Country Determinants of Capital Structure Choice: A Survey of European Firms

By F. Bancel, Usha R. Mittoo. 2004

616 citations recorded by the source corpus.

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Citations in the corpus

Capital structure, equity ownership and firm performance (2010, background): “4 Civil law systems provide less investor and creditor protection than common law systems and among the civil-law systems the French system provides the least protection (see Bancel and Mittoo, 2004).”
Financial Flexibility and Capital Structure Decision (2011, background): “1 See the survey results of Graham and Harvey (2001), Bancel and Mittoo (2004), and D., Jong, and Koedijk (2004).”
Financial flexibility, corporate investment and performance: evidence from financial crises (2013, unknown): “The majority of senior corporate managers around the world consider financial flexibility as one of the most important determinants of their capital structure decisions (Graham and Harvey 2001; Bancel and Mittoo 2004; Brounen et al. 2006).”
Are the determinants of capital structure country or firm specific? (2009, unknown): “Bancel and Mittoo (2004) and LaPorta et al. (1998) classify Greece, Portugal, and Italy among the so-called French Law countries regarding their legal system (civil-law).”
Capital Structure Policies in Europe: Survey Evidence (2005, unknown): “In the fifth column we include Bancel and Mittoo’s (2004) data set of 87 firms from 16 European countries. The sixth column contains the Graham and Harvey (2001) data for 393 U.”
Corporate Debt Issuance and the Historical Level of Interest Rates (2008, result): “Bancel and Mittoo (2004) find similar results from their survey of European financial managers.”
Do country or firm factors explain capital structure? Evidence from SMEs in France and Greece (2008, background): “Bancel and Mittoo (2004), based on LaPorta et al. (1998) classify Greece among the so-called French Law countries regarding its legal system (civil-law).”
Institutional Determinants of Capital Structure Adjustment Speeds (2012, background): “Prior research indicates that the institutional environment influences firms’ financing policies (e.g., Demirgüc--Kunt and Maksimovic, 1999; Bancel and Mittoo, 2004; Rajan and Zingales, 1995; Booth, Aivazian, Demirgüc--Kunt, and Maksimovic, 2001).”
National culture and capital structure decisions: Evidence from foreign joint ventures in China (2011, background): “…by Rajan and Zingales (1995), La Porta et al. (1997), Demirgüç-Kunt and Maksimovic (1998), Booth, Aivazian, Demirgüç-Kunt, and Maksimovic (2001), Bancel and Mittoo (2004), Harvey, Lins, and Roper (2004) and Fan, Titman, and Twite (2008) using international data shows that firm characteristics…”
Institutions and corporate capital structure in the MENA region (2016, unknown): “Finally, we use the insights of these theories and the characteristics of the institutional settings to predict the effects of ﬁ rm-and country-factors on leverage.”
Capital Structure Around the World: The Roles of Firm- and Country-Specific Determinants (2007, unknown): “Demirgüç-Kunt and Maksimovic, 1999; Booth, Demirgüç-Kunt and Maksimovic, 2001; Claessens, Djankov and Nenova, 2001; Bancel and Mittoo, 2004) finds that a firm’s capital structure is not only influenced by firm-specific factors but also by countryspecific factors. In this study, we demonstrate that c”
The Value of Financial Flexibility (2008, background): “First, they recognize that a firm’s investment and financing decisions are marginal de- 1See Graham and Harvey (2001), Brounen, de Jong, and Koedijk (2004), and Bancel and Mittoo (2004).”