Phân tích tư tưởng của nhân dân qua đoạn thơ: Những người vợ nhớ chồng… Những cuộc đời đã hóa sông núi ta trong Đất nước của Nguyễn Khoa Điềm
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This paper borrows from the empirical literature on non-financial firms to explain the capital structure of large, publicly traded banks. It uncovers empirical regularities that are inconsistent with a first order effect of capital regulation on banks’ capital structure. Instead, the paper suggests that there are considerable similarities between banks’ and non-financial firms’ capital structures. Subsequent to the departures from Modigliani and Miller (1958)’s irrelevance proposition, there is a long tradition in corporate finance to investigate the capital structure decisions of non-financial firms. But what determines banks’ capital structures? ...
Nội dung trích xuất từ tài liệu:
Finanzgruppe Deutscher Sparkassen- und Giroverband: Financial Report 2010
