Testing Static Trade-off Against Pecking Order Models of Capital Structure

By Lakshmi Shyam-Sunder, Stewart C. Myers. 2018

534 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/9989bd6b8bc9836a690b5c41529831edfa106514

Citations in the corpus

• The Impact of Capital Structure on Risk and Firm Performance: Empirical Evidence for the Bucharest Stock Exchange Listed Companies (2018, unknown): “This theory implies an optimal ratio between indebtedness and equity, which maximize the company’s value, being considered as the point where the benefits and costs of indebtedness are in balance (Shyam-Sunder and Myers 1999).”
• Global leverage adjustments, uncertainty, and country institutional strength (2018, unknown): “Some studies question the information contained in the estimates of the speed of adjustment that use a partial adjustment model (e.g., Shyam-Sunder and Myers, 1999; Chen and Zhao, 2007; Chang and Dasgupta, 2009; Graham and Leary, 2011; Hovakimian and Li, 2011, 2012; Iliev and Welch, 2015).”
• The Effect of Accounting Conservatism on Corporate Investment during the Global Financial Crisis: THE EFFECT OF ACCOUNTING CONSERVATISM (2016, unknown): “This definition follows prior finance literature (e.g., Shyam-Sunder and Myers 1999; Frank and Goyal 2003).”