WebJan 1, 2014 · This paper exploits intertemporal variations in employment protection across countries and finds that rigidities in labor markets are an important determinant of firms' … WebFeb 16, 2014 · Firing Costs and Capital Structure Decisions by Matthew Serfling :: SSRN Make use of personalized features like alerts and saved searches Create account Sign in …

Firing Costs and Capital Structure Decisions Matthew Serfling

WebIn this study, I investigate how an exogenous increase in employee firing costs impacts firms’ financial policies, focusing on the relation between firing costs and capital … WebAug 6, 2024 · Using social capital to capture the social costs imposed on opportunistic behavior by management, we report evidence that firms headquartered in states with higher levels of social capital are associated with more innovation. buy breville sandwich press

The Journal of Finance: Vol 71, No 5 - Wiley Online Library

WebOct 1, 2016 · Firing Costs and Capital Structure Decisions2241 subject to several lawsuits at any point in time, which can substantially raise their legal liability.3Also, the fear of … WebFeb 1, 2006 · Capital structure’s long-term impact. Capital structure affects a company’s overall value through its impact on operating cash flows and the cost of capital. Since the interest expense on debt is tax deductible in most countries, a company can reduce its after-tax cost of capital by increasing debt relative to equity, thereby directly ... WebFinally, when both operating and financial leverage are chosen by the firm, they can be positively related, negatively related or unrelated, depending on which underlying parameter is driving the changes. Thus, operating leverage and financial leverage do not always behave as substitutes, as argued in the traditional literature. celiac disease diet food list