紀要論文 A Survey on Market Timing in Corporate Finance

Huang, Yong

154pp.1 - 18 , 2016-03-31 , Kyushu Daigaku Daigakuin Keizaigakukai
ISSN:0451-6230
NII書誌ID(NCID):AN00071436
内容記述
This paper reviews the evolving literature on managerial market timing in capital markets. Many studies have attempted to investigate whether managers are able to successfully time the market in their financing decisions or not. Despite the wealth of studies, a full description of market timing research is still needed. Consequently, in this paper, we summarize market timing findings in terms of equity issues, repurchases and debt issues, as well as its impact on capital structure. We also recommend future research directions.
本文を読む

http://catalog.lib.kyushu-u.ac.jp/handle/2324/1654291/p001.pdf

このアイテムのアクセス数:  回

その他の情報