A DYNAMIC RESOURCED BASED VIEW ON FIRMS LIFE CYCLE STAGES AND CAPITAL STRUCTURE THEORIES

http://dx.doi.org/10.31703/gssr.2020(V-II).06      10.31703/gssr.2020(V-II).06      Published : Jun 2
Authored by : MisbahWadood , Hashim Khan , HassanWadood

06 Pages : 61-69

References

  • Akingunola, R. O., Olawale, L. S., & Olaniyan, J. D. (2018). Capital Structure Decision and Firm Performance: Evidence from Non-Financial Firms in Nigeria. Acta Universitatis Danubius. Å’conomica, 13(6).
  • Akpan, S. S., Mahat, F., Nordin, B.-A. A., & Nassir, A. M. (2017). Another look at risk-based capital regime, capital structure, insurer's risk profile and performance: A conceptual paper. Paper presented at the Global Conference on Business and Economics Research (GCBER), Universiti Putra Malaysia, Serdang, Malaysia, August.
  • Bulan, L. T., & Yan, Z. (2010). Firm maturity and the pecking order theory. Available at SSRN 1760505.
  • Câmara, A., Chung, S. L., & Wang, Y. H. (2009). Option implied COE and its properties. Journal of Futures Markets: Futures, Options, and Other Derivative Products, 29(7), 599-629.
  • DeAngelo, H., & DeAngelo, L. (2000). Controlling stockholders and the disciplinary role of corporate payout policy: A study of the Times Mirror Company. Journal of financial economics, 56(2), 153-207.
  • Dickinson, V. (2011). Cash flow patterns as a proxy for firm life cycle. The Accounting Review, 86(6), 1969-1994.
  • Faccio, M., & Xu, J. (2015). Taxes and capital structure. Journal of financial and quantitative analysis, 50(3), 277-300.
  • Fama, E. F., & French, K. R. (1989). Business conditions and expected returns on stocks and bonds. Journal of financial economics, 25(1), 23-49.
  • Fluck, Z., & Lynch, A. W. (1999). Why do firms merge and then divest? A theory of financial synergy. The journal of business, 72(3), 319-346.
  • Frank, M. Z., & Goyal, V. K. (2004). The effect of market conditions on capital structure adjustment. Finance Research Letters, 1(1), 47-55.
  • Frielinghaus, A., Mostert, B., & Firer, C. (2005). Capital structure and the firm's life stage. South African Journal of Business Management, 36(4), 9-18.
  • Gebhardt, W. R., Lee, C., & Swaminathan, B. (1999). Toward an ex ante cost-of-capital. Available at SSRN 145928.
  • Graham, J. R., & Harvey, C. R. (2001). The theory and practice of corporate finance: evidence from the field. Journal of financial economics, 60(2-3), 187-243.
  • Hussain, M. F., Afzal, A., Asif, M., Ahmad, N., & Bilal, R. M. (2011). Impact of innovation, technology and economic growth on entrepreneurship. American International Journal of Contemporary Research, 1(1), 45-51.
  • Lemmon, M., & Zender, J. (2002). Debt capacity and tests of capital structure theories (Working paper University of Utah).
  • Lupi, A., Myint, S., & Tsomocos, D. P. (2017). How investment opportunities impact optimal capital structure
  • Xu, G., Vocke, D., Faccio, D., Garnier, J., Roger, T., Trillo, S., & Picozzi, A. (2015). From coherent shocklets to giant collective incoherent shock waves in nonlocal turbulent flows. Nature communications, 6, 8131.
  • Yousaf, S., & Iftikhar, K. (2018). Firm-Specific Determinants of Capital Structure: Implication of Pecking Order Theory in Automotive Industry of Pakistan. Abasyn University Journal of Social Sciences.
  • Akingunola, R. O., Olawale, L. S., & Olaniyan, J. D. (2018). Capital Structure Decision and Firm Performance: Evidence from Non-Financial Firms in Nigeria. Acta Universitatis Danubius. Å’conomica, 13(6).
  • Akpan, S. S., Mahat, F., Nordin, B.-A. A., & Nassir, A. M. (2017). Another look at risk-based capital regime, capital structure, insurer's risk profile and performance: A conceptual paper. Paper presented at the Global Conference on Business and Economics Research (GCBER), Universiti Putra Malaysia, Serdang, Malaysia, August.
  • Bulan, L. T., & Yan, Z. (2010). Firm maturity and the pecking order theory. Available at SSRN 1760505.
  • Câmara, A., Chung, S. L., & Wang, Y. H. (2009). Option implied COE and its properties. Journal of Futures Markets: Futures, Options, and Other Derivative Products, 29(7), 599-629.
  • DeAngelo, H., & DeAngelo, L. (2000). Controlling stockholders and the disciplinary role of corporate payout policy: A study of the Times Mirror Company. Journal of financial economics, 56(2), 153-207.
  • Dickinson, V. (2011). Cash flow patterns as a proxy for firm life cycle. The Accounting Review, 86(6), 1969-1994.
  • Faccio, M., & Xu, J. (2015). Taxes and capital structure. Journal of financial and quantitative analysis, 50(3), 277-300.
  • Fama, E. F., & French, K. R. (1989). Business conditions and expected returns on stocks and bonds. Journal of financial economics, 25(1), 23-49.
  • Fluck, Z., & Lynch, A. W. (1999). Why do firms merge and then divest? A theory of financial synergy. The journal of business, 72(3), 319-346.
  • Frank, M. Z., & Goyal, V. K. (2004). The effect of market conditions on capital structure adjustment. Finance Research Letters, 1(1), 47-55.
  • Frielinghaus, A., Mostert, B., & Firer, C. (2005). Capital structure and the firm's life stage. South African Journal of Business Management, 36(4), 9-18.
  • Gebhardt, W. R., Lee, C., & Swaminathan, B. (1999). Toward an ex ante cost-of-capital. Available at SSRN 145928.
  • Graham, J. R., & Harvey, C. R. (2001). The theory and practice of corporate finance: evidence from the field. Journal of financial economics, 60(2-3), 187-243.
  • Hussain, M. F., Afzal, A., Asif, M., Ahmad, N., & Bilal, R. M. (2011). Impact of innovation, technology and economic growth on entrepreneurship. American International Journal of Contemporary Research, 1(1), 45-51.
  • Lemmon, M., & Zender, J. (2002). Debt capacity and tests of capital structure theories (Working paper University of Utah).
  • Lupi, A., Myint, S., & Tsomocos, D. P. (2017). How investment opportunities impact optimal capital structure
  • Xu, G., Vocke, D., Faccio, D., Garnier, J., Roger, T., Trillo, S., & Picozzi, A. (2015). From coherent shocklets to giant collective incoherent shock waves in nonlocal turbulent flows. Nature communications, 6, 8131.
  • Yousaf, S., & Iftikhar, K. (2018). Firm-Specific Determinants of Capital Structure: Implication of Pecking Order Theory in Automotive Industry of Pakistan. Abasyn University Journal of Social Sciences.

Cite this article

    APA : Wadood, M., Khan, H., & Wadood, H. (2020). A Dynamic Resourced Based View on Firm's Life Cycle Stages and Capital Structure Theories: A Comparative Analysis of Developed and Emerging Asian Markets. Global Social Sciences Review, V(II), 61-69. https://doi.org/10.31703/gssr.2020(V-II).06
    CHICAGO : Wadood, Misbah, Hashim Khan, and Hassan Wadood. 2020. "A Dynamic Resourced Based View on Firm's Life Cycle Stages and Capital Structure Theories: A Comparative Analysis of Developed and Emerging Asian Markets." Global Social Sciences Review, V (II): 61-69 doi: 10.31703/gssr.2020(V-II).06
    HARVARD : WADOOD, M., KHAN, H. & WADOOD, H. 2020. A Dynamic Resourced Based View on Firm's Life Cycle Stages and Capital Structure Theories: A Comparative Analysis of Developed and Emerging Asian Markets. Global Social Sciences Review, V, 61-69.
    MHRA : Wadood, Misbah, Hashim Khan, and Hassan Wadood. 2020. "A Dynamic Resourced Based View on Firm's Life Cycle Stages and Capital Structure Theories: A Comparative Analysis of Developed and Emerging Asian Markets." Global Social Sciences Review, V: 61-69
    MLA : Wadood, Misbah, Hashim Khan, and Hassan Wadood. "A Dynamic Resourced Based View on Firm's Life Cycle Stages and Capital Structure Theories: A Comparative Analysis of Developed and Emerging Asian Markets." Global Social Sciences Review, V.II (2020): 61-69 Print.
    OXFORD : Wadood, Misbah, Khan, Hashim, and Wadood, Hassan (2020), "A Dynamic Resourced Based View on Firm's Life Cycle Stages and Capital Structure Theories: A Comparative Analysis of Developed and Emerging Asian Markets", Global Social Sciences Review, V (II), 61-69
    TURABIAN : Wadood, Misbah, Hashim Khan, and Hassan Wadood. "A Dynamic Resourced Based View on Firm's Life Cycle Stages and Capital Structure Theories: A Comparative Analysis of Developed and Emerging Asian Markets." Global Social Sciences Review V, no. II (2020): 61-69. https://doi.org/10.31703/gssr.2020(V-II).06