دورية أكاديمية

Impact of goodwill on firms capital structure in developed and developing countries: moderating effects of legal system.

التفاصيل البيبلوغرافية
العنوان: Impact of goodwill on firms capital structure in developed and developing countries: moderating effects of legal system.
المؤلفون: Thakur, Oli Ahad, Amin Noordin, Bany-Ariffin, Matemilola, Bolaji Tunde, Alam, Md. Kausar
المصدر: Macroeconomics & Finance in Emerging Market Economies; Nov2023, Vol. 16 Issue 3, p525-544, 20p
مستخلص: The study investigates the impact of goodwill assets on firms' capital structure and examines the indirect impact of the legal system on the relationship between goodwill assets and firms' capital structure (debt ratio). The study uses 4912 firms from 23 developing countries covering the 2010 to 2018 periods. The findings show a robust positive relationship between goodwill assets and firms' capital structure in developing countries. Moreover, the country's legal system positively impacts the firms' capital structure. Furthermore, the impact of goodwill assets on firms' capital structure is weaker in countries where common law is practiced. [ABSTRACT FROM AUTHOR]
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قاعدة البيانات: Complementary Index
الوصف
تدمد:17520843
DOI:10.1080/17520843.2023.2170068