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Outputs (2)

The determinants of corporate debt ownership structure: Evidence from market‐based and bank‐based economies (2008)
Journal Article
Antoniou, A., Guney, Y., & Paudyal, K. (2008). The determinants of corporate debt ownership structure: Evidence from market‐based and bank‐based economies. Managerial Finance, 34(12), 821-847. https://doi.org/10.1108/03074350810915806

Purpose
This paper aims to investigate the determinants of choice between private and public debt for British and German listed companies.

Design/methodology/approach
The paper is based on three strands of theories: the “liquidation and renegoti... Read More about The determinants of corporate debt ownership structure: Evidence from market‐based and bank‐based economies.

The Determinants of Capital Structure: Capital Market-Oriented versus Bank-Oriented Institutions (2008)
Journal Article
Antoniou, A., Guney, Y., & Paudyal, K. (2008). The Determinants of Capital Structure: Capital Market-Oriented versus Bank-Oriented Institutions. Journal of Financial and Quantitative Analysis, 43(1), 59-92. https://doi.org/10.1017/s0022109000002751

The paper investigates how firms operating in capital market-oriented economies (the U.K. and the U.S.) and bank-oriented economies (France, Germany, and Japan) determine their capital structure. Using panel data and a two-step system-GMM procedure,... Read More about The Determinants of Capital Structure: Capital Market-Oriented versus Bank-Oriented Institutions.