Two Essays on Empirical Tests Related to Capital Structure Theory
| dc.contributor.author | Ma, Ning | |
| dc.contributor.examiningcommittee | Zheng, Steven (Accounting and Finance) Pai, Jeffrey (Warren Centre for Actuarial Studies and Research) Wang, Xikui (Statistics) | en_US |
| dc.contributor.supervisor | Mittoo, Usha (Accounting and Finance) | en_US |
| dc.date.accessioned | 2014-12-02T17:26:17Z | |
| dc.date.available | 2014-12-02T17:26:17Z | |
| dc.date.issued | 2014-12-02 | |
| dc.degree.discipline | Management | en_US |
| dc.degree.level | Master of Science (M.Sc.) | en_US |
| dc.description.abstract | This paper discusses capital structure theories, with special attention to partial-adjustment model. Strategic waiting theory of IPO firms and its relation to market timing theory are also discussed. Two empirical tests related to capital structure theory are included. First one is a test on the relation between a firm’s strategic waiting behavior in IPO market and its stock return. Second one is on the relation of a firm’s strategic waiting behavior in IPO market and its subsequent capital structure decision. | en_US |
| dc.description.note | February 2015 | en_US |
| dc.identifier.uri | http://hdl.handle.net/1993/30071 | |
| dc.language.iso | eng | en_US |
| dc.rights | open access | en_US |
| dc.subject | IPO | en_US |
| dc.subject | capital structure | en_US |
| dc.subject | strategic waiting theory | en_US |
| dc.subject | system GMM | en_US |
| dc.subject | dynamic panel | en_US |
| dc.subject | SOA | en_US |
| dc.subject | DPF | en_US |
| dc.title | Two Essays on Empirical Tests Related to Capital Structure Theory | en_US |
| dc.type | master thesis | en_US |