Firm Size and Capital Structure Decisions: Evidence From Turkish Lodging Companies
Aim of this study is to investigate the role of firm size on capital structure decisions of Turkish lodging companies. In izmir escort this context, a survey questionnaire is developed and sent to unquoted Turkish lodging companies. 163 lodging companies answered the survey and they are classified...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
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EconJournals
2011-05-01
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| Series: | International Journal of Economics and Financial Issues |
| Online Access: | https://econjournals.com/index.php/ijefi/article/view/3 |
| _version_ | 1797911452227469312 |
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| author | Erdinc Karadeniz Serkan Yılmaz Kandır Omer Iskenderoglu Yıldırım Beyazit Onal |
| author_facet | Erdinc Karadeniz Serkan Yılmaz Kandır Omer Iskenderoglu Yıldırım Beyazit Onal |
| author_sort | Erdinc Karadeniz |
| collection | DOAJ |
| description |
Aim of this study is to investigate the role of firm size on capital structure decisions of Turkish lodging companies. In izmir escort this context, a survey questionnaire is developed and sent to unquoted Turkish lodging companies. 163 lodging companies answered the survey and they are classified according to their sizes. Empirical findings reveal that firm size is a significant factor for capital structure decisions of Turkish lodging companies. Firm size seems to affect lodging companies in using incentives, Güvenilir Bahis Siteleri issuing common stock, using personal debt and determining target debt ratio. Most of the empirical findings seem En Güvenilir Casino Siteleri to support pecking order theory.
Keywords: Firm Size; Capital Structure; Pecking Order Theory; Trade-off Theory; Lodging Companies
JEL Classifications: G32; M20
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| first_indexed | 2024-04-10T11:40:52Z |
| format | Article |
| id | doaj.art-7456d770bee5422d925caf4bf38ae888 |
| institution | Directory Open Access Journal |
| issn | 2146-4138 |
| language | English |
| last_indexed | 2024-04-10T11:40:52Z |
| publishDate | 2011-05-01 |
| publisher | EconJournals |
| record_format | Article |
| series | International Journal of Economics and Financial Issues |
| spelling | doaj.art-7456d770bee5422d925caf4bf38ae8882023-02-15T16:17:32ZengEconJournalsInternational Journal of Economics and Financial Issues2146-41382011-05-0111Firm Size and Capital Structure Decisions: Evidence From Turkish Lodging CompaniesErdinc Karadeniz0Serkan Yılmaz Kandır1Omer Iskenderoglu2Yıldırım Beyazit Onal3Mersin University, School of Tourism & Hotel Management 33343 Ciftlikkoy Campus, Mersin/TURKEY E-mail: ekaradeniz@mersin.edu.trCukurova University, Faculty of Economics and Administrative Sciences 01330 Balcali Campus, Adana/TURKEY, E-mail: skandir@cu.edu.trNiğde University, Faculty of Economics and Administrative Sciences Niğde/TURKEY, E-mail: oiskenderoglu@nigde.edu.trCukurova University, Faculty of Economics and Administrative Sciences Adana/TURKEY, E-mail: ybeyazit@cu.edu.tr Aim of this study is to investigate the role of firm size on capital structure decisions of Turkish lodging companies. In izmir escort this context, a survey questionnaire is developed and sent to unquoted Turkish lodging companies. 163 lodging companies answered the survey and they are classified according to their sizes. Empirical findings reveal that firm size is a significant factor for capital structure decisions of Turkish lodging companies. Firm size seems to affect lodging companies in using incentives, Güvenilir Bahis Siteleri issuing common stock, using personal debt and determining target debt ratio. Most of the empirical findings seem En Güvenilir Casino Siteleri to support pecking order theory. Keywords: Firm Size; Capital Structure; Pecking Order Theory; Trade-off Theory; Lodging Companies JEL Classifications: G32; M20 https://econjournals.com/index.php/ijefi/article/view/3 |
| spellingShingle | Erdinc Karadeniz Serkan Yılmaz Kandır Omer Iskenderoglu Yıldırım Beyazit Onal Firm Size and Capital Structure Decisions: Evidence From Turkish Lodging Companies International Journal of Economics and Financial Issues |
| title | Firm Size and Capital Structure Decisions: Evidence From Turkish Lodging Companies |
| title_full | Firm Size and Capital Structure Decisions: Evidence From Turkish Lodging Companies |
| title_fullStr | Firm Size and Capital Structure Decisions: Evidence From Turkish Lodging Companies |
| title_full_unstemmed | Firm Size and Capital Structure Decisions: Evidence From Turkish Lodging Companies |
| title_short | Firm Size and Capital Structure Decisions: Evidence From Turkish Lodging Companies |
| title_sort | firm size and capital structure decisions evidence from turkish lodging companies |
| url | https://econjournals.com/index.php/ijefi/article/view/3 |
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