انحراف از اهرم هدف، بی‎تعادلی در جریان نقدی و تعدیل ساختار سرمایه

Barclay, M. J. & Smith, C. W. (2005). The capital structure puzzle: The evidence revisited. Journal of Applied Corporate Finance, 17(1), 8-17.

Byoun, S. (2008). How and when do firms adjust their capital structures toward targets? The Journal of Finance, 63(6), 3069-3096.

Dang, V. A., Kim, M. & Shin, Y. (2012). Asymmetric capital structure adjustments: New evidence from dynamic panel threshold models. Journal of Empirical Finance, 19(4), 465-482.

Dang, V.A. & Garrett, I. (2015). On Corporate Capital Structure Adjustments. Finance Research Letters, 14, 56-63.

Drobetz, W., & Wanzenried, G. (2006). What determines the speed of adjustment to the target capital structure? Applied Financial Economics,16(13), 941-958.

Durand, D. (1959). The cost of capital, corporation finance, and the theory of investment: comment. The American Economic Review, 49(4), 639-655.

Elsas, R. & Florysiak, D. (2011). Heterogeneity in the Speed of Adjustment toward Target Leverage. International Review of Finance, 11(2), 181-211.

Fama, E. F., & French, K. R. (2002). Testing trade‐off and pecking order predictions about dividends and debt. Review of financial studies, 15(1), 1-33.

Fama, E. F., & French, K. R. (2005). Financing decisions: who issues stock? Journal of financial economics, 76(3), 549-582.

Faulkender, M., Flannery, M. J., Hankins, K. W., & Smith, J. M. (2012). Cash flows and leverage adjustments. Journal of Financial Economics, 103(3), 632-646.

Ferri, M. G., & Jones, W. H. (1979). Determinants of financial structure: A new methodological approach. The Journal of Finance, 34(3), 631-644.

Fischer, E. O., Heinkel, R., & Zechner, J. (1989). Dynamic capital structure choice: Theory and tests. The Journal of Finance, 44(1), 19-40.

Flannery, M. J., & Rangan, K. P. (2006). Partial adjustment toward target capital structures. Journal of Financial Economics, 79(3), 469-506.

Frank, M. Z., & Goyal, V. K. (2003). Testing the pecking order theory of capital structure. Journal of financial economics, 67(2), 217-248.

Gorji, A. (2012). Identification of Capital Structure Adjustment Speed with Focus on Market Competition Factor, Master of Science thesis, Tehran University (in Persian)

Hashemi, A. & Keshavarzmehr, D. (2014). The Investigation of Asymmetry in Speed of Capital Structure Adjustment: Dynamic Panel Threshold Models. Quarterly Journal of financial Engineering & Security Management, 23(1), 59-78. (in Persian)

Kraus, A., & Litzenberger, R. H. (1973). A state‐preference model of optimal financial leverage. The journal of finance, 28(4), 911-922.

Leary, M. T., & Roberts, M. R. (2005). Do firms rebalance their capital structures? The journal of finance, 60(6), 2575-2619.

Leary, M.T. & Roberts, M.R. (2005). Do firms rebalance their capital structures? The journal of finance, 60(6), 2575-2619.

Modigliani, F., & Miller, M. H. (1958). The cost of capital, corporation finance and the theory of investment. The American economic review, 261-297.

Mukherjee, T., & Wang, W. (2013). Capital Structure Deviation and Speed of Adjustment. Financial Review, 48(4), 597-615.

Myers, S. C. (1984). The capital structure puzzle. The journal of finance, 39(3), 574-592.

Myers, S. C., & Majluf, N. S. (1984). Corporate financing and investment decisions when firms have information that investors do not have. Journal of financial economics, 13(2), 187-221.

Ozkan, A. (2001). Determinants of capital structure and adjustment to long run target: evidence from UK company panel data. Journal of Business Finance & Accounting, 28(1‐2), 175-198.

Petersen, M. A. (2009). Estimating standard errors in finance panel data sets: Comparing approaches. Review of financial studies, 22(1), 435-480.

Shyam-Sunder, L. & Myers, S. C. (1999). Testing static tradeoff against pecking order models of capital structure. Journal of financial economics, 51(2), 219-244.

Strebulaev, I. A. (2007). Do tests of capital structure theory mean what they say? The Journal of Finance, 62(4), 1747-1787.

Titman, S., & Wessels, R. (1988). The determinants of capital structure choice. The Journal of finance, 43(1), 1-19.