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Dergiler / International Journal of Economics and Financial Issues / 2011 / Cilt: 1 Sayı: 1

Firm Size and Capital Structure Decisions: Evidence From Turkish Lodging Companies

Erdinc Karadeniz
Serkan Yılmaz Kandır
Omer ISKENDEROGLU
Yıldırım Beyazit Onal
Sayfa
1–11
Yayın Tarihi
2011-03-01
DOI
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⚡ TL;DR(1 Cümlede Hızlı Çıkarım)

Most of the empirical findings seem to support pecking order theory.

📌 3 Maddede Bu Makale

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Amaç & Hipotez:Aim of this study is to investigate the role of firm size on capital structure decisions of Turkish lodging companies.
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Temel Bulgular & Veri:In this context, a survey questionnaire is developed and sent to unquoted Turkish lodging companies. 163 lodging companies answered the survey and they are classified according to their sizes.
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Sonuç & Katkı:Most of the empirical findings seem to support pecking order theory.
🔬Tür:Uygulamalı Anket & Alan Araştırması
📍Kapsam:Genişletilmiş Akademik Örneklem
⚙️Değişkenler:Firm Size · Capital Structure · Pecking Order Theory

Abstract

Aim of this study is to investigate the role of firm size on capital structure decisions of Turkish lodging companies. In this context, a survey questionnaire is developed and sent to unquoted Turkish lodging companies. 163 lodging companies answered the survey and they are classified according to their sizes. Empirical findings reveal that firm size is a significant factor for capital structure decisions of Turkish lodging companies. Firm size seems to affect lodging companies in using incentives, issuing common stock, using personal debt and determining target debt ratio. Most of the empirical findings seem to support pecking order theory.

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Bu Makaleye Atıf Yap

Karadeniz, E., Kandır, S. Y., ISKENDEROGLU, O., Onal, Y. B. (2011). Firm Size and Capital Structure Decisions: Evidence From Turkish Lodging Companies. International Journal of Economics and Financial Issues, Cilt: 1 Sayı: 1, 1–11. https://ajindex.com/articles/995000

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Kaynakça (15)

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