Theoretical Frameworks Shaping Capital Structure Decisions Given the criticality of the financing decision and its impact, several theories attempt to explain how firms choose their capital ...

An interesting and a challenging part of “S” in ESG relates to the question of how to measure the human capital of a firm. Increasingly, the Western world has outsourced manufacturing to Asia.

A debt-to-equity ratio is a way to measure a company's financial position. What does the ratio tell us? And how do investors ...

Sebastian J. Reinartz, Thomas Schmid, Production Flexibility, Product Markets, and Capital Structure Decisions, The Review of Financial Studies, Vol. 29, No. 6 (June ...