capital structure

Publication date: 3 Feb 2016 | Publication type: National Institute Economic Review | External authors: Admati, A R | JEL classification: G21, G28, G32, G38, H81, K23 | Journal: National Institute Economic Review Issue 235 | Publisher: Sage Publications, London
Capital regulation is critical to address distortions and externalities from intense conflicts of interest in banking and from the failure of markets to counter incentives for recklessness. The approaches to capital regulation in Basel III and related proposals are based on flawed analyses of the...
Publication date: 16 Jul 2015 | Publication type: Journal article/book/chapter | Theme: Trade, Investment & Productivity | External authors: Guillou, S, Bellone, F | JEL classification: G11, G32, F14, L11 | Journal: Journal of Banking and Finance Vol. 59 Issue October 2015 | Pages: 280-296 | Publisher: Elsevier, Oxford
Does corporate financial structure matter for a firm’s ability to compete in international markets through output quality? This study answers this question by using firm-level export and balance sheet data covering a large sample of French manufacturing exporters over the period 1997–2007. The main...