期刊名称:Scientific Annals of the “Alexandru Ioan Cuza” University of Iasi – Economic Sciences Series
印刷版ISSN:2501-1960
电子版ISSN:2501-3165
出版年度:2006
卷号:2006
出版社:Sciendo
摘要:This paper examines the effect of foreign acquisitions on the capital structure
of corporations. A multivariate analysis using debt flow data examines the
relation between additional financing through long-term debt after foreign
acquisitions and the characteristics of these acquisitions, the acquiring
corporation and the environment of the acquired subsidiaries. The result of this
paper suggest that in addition of the two major determinants of the capital’s
structure (size and profitability), debt financing can also be explained by a
geographical an d industrial diversification effect.