All Outputs (2)

International evidence on the non-linear impact of leverage on corporate cash holdings (2006)
Journal Article
Guney, Y., Ozkan, A., & Ozkan, N. (2007). International evidence on the non-linear impact of leverage on corporate cash holdings. Journal of Multinational Financial Management, 17(1), 45-60. https://doi.org/10.1016/j.mulfin.2006.03.003

This paper investigates cash holding behaviour of firms from France, Germany, Japan, the UK and the US using data for 4069 companies over the period 1996–2000. Our focus is particularly on the relation between cash holdings and leverage. We argue tha... Read More about International evidence on the non-linear impact of leverage on corporate cash holdings.

Capital structure decisions of Turkish firms (2006)
Book Chapter
Guney, Y., Ozkan, A., & Yalciner, K. (2006). Capital structure decisions of Turkish firms. In S. G. Altug, & A. Filiztekin (Eds.), The Turkish Economy : The Real Economy, Corporate Governance and Reform (149-171). Routledge. https://doi.org/10.4324/9780203018439

Since the seminal work of Modigliani and Miller (1958) the theory on capital structure has successfully investigated the conditions under which the capital structure decision of a firm would be relevant for its value. Among the factors identified in... Read More about Capital structure decisions of Turkish firms.