Simultaneous determination of Debt, Dividend, and Inside Ownership policies : Evidence from Sweden
The main purpose of this thesis is to examine the simultaneous determination of debt, dividend, and inside ownership policies in Sweden. We apply a simultaneous equation model estimated with 3SLS. The results reveal a positive two-way causal relationship between debt and dividend polices. We also fi...
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Format: | Others |
Language: | English |
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Mittuniversitetet, Avdelningen för ekonomivetenskap och juridik
2014
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Online Access: | http://urn.kb.se/resolve?urn=urn:nbn:se:miun:diva-21129 |