Fatores determinantes da estrutura de capital para empresas latino-americanas

@inproceedings{Perobelli2003FatoresDD,
  title={Fatores determinantes da estrutura de capital para empresas latino-americanas},
  author={Fernanda Finotti Cordeiro Perobelli and Rubens Fam{\'a}},
  year={2003}
}
Theories suggest that firms select capital structures depending on attributes that determine the various costs and benefits associated with debt and equity financing. With the object of proving this statement, Titman and Wessels (1988) suggested a method that assumes that, although the relevant attributes are not directly observable, we can observe a number of indicator variables that are linear functions of one or more attributes and a random term. In this article, we use a method very similar… CONTINUE READING

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