The Dynamic Adjustment Towards Target Capital Structures of Firms in Transition Economies

By Ralph De Haas, Marga Peeters. 2006

216 citations recorded by the source corpus.

Subfields: Accounting, Finance

View Paper: https://www.semanticscholar.org/paper/cf84b8a91f1daf5d3d471b64b0aeb95879943254

Citations in the corpus

• NO DEEP POCKETS: SOME STYLIZED EMPIRICAL RESULTS ON FIRMS' FINANCIAL CONSTRAINTS (2010, unknown): “On another perspective, de Haas and Peeters (2006) show that, for 10 transition economies,19 firms increased their leverage during the transition period in order to reach their optimum target leverage level, despite many firms still prefering internal”
• Is the Stability of Leverage Ratios Determined by the Stability of the Economy (2009, unknown): “In the second column I also add rm age, maturity of assets, CPI and a dummy for listed rms. Unexpectedly, age of the rm is negatively related to leverage ratio (contrary to Haas and Peeters (2006), but consistent with Brav (2009)).”