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Journal ArticleDOI

Corporate Choice Among Long-Term Financing Instruments

Nevins D. Baxter, +1 more
- 01 Aug 1970 - 
- Vol. 52, Iss: 3, pp 225-235
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This article is published in The Review of Economics and Statistics.The article was published on 1970-08-01. It has received 132 citations till now. The article focuses on the topics: Term (time).

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Journal ArticleDOI

A Note on the Use of the Coefficient of Determination

TL;DR: In this article, it is argued that the coefficient of determination (R2) is not useful as a goodness-of-fit statistic if the covariance matrix of the random terms is not scalar and Ordinary Least Squares (OLS) estimation is used.
Posted Content

An empirical analysis of capital structure decisions in Dutch firms

TL;DR: In this article, the authors investigate the role of agency problems between managers and providers of equity in the choice between debt and equity in Dutch firms' capital structure decisions, and find no evidence for the existence of a relation between cap al structure and agency problems.
Journal ArticleDOI

U.S. technology and the specific-factors model

TL;DR: In this paper, empirical estimates of the specific-factors model are reported, assuming that the relative supplies of the two types of capital are constant through time, the model can be estimated with aggregate data even though the sector specific capital stocks are not observable.
DissertationDOI

Policy structure, output supply and input demand for US crops

TL;DR: In this paper, a crop sector model for the United States was constructed and a theoretical framework incorporating agricultural producers decisions on whether to comply with the volunteer commodity programs was developed, where policy variables are directly incorporated in a structural framework.
Journal ArticleDOI

An empirical study of the corporate choice among common stock, convertible bonds and straight debt: A cash flow interpretation

TL;DR: In this article, the authors developed the rationale that links a firm's financial health, measured by its cashflow components, to the type of security it offers when raising external capital.