Capital structure of internet companies: Case study

Miglo, Anton ORCID:, Lee, Zhenting and Liang, Shuting (2014) Capital structure of internet companies: Case study. Journal of Internet Commerce, 13 (3-4). pp. 253-281.

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The financing decisions and capital structure of Internet companies are analyzed, and observed findings are related to the common capital structure theories. Large Internet companies usually have low debt, and small Internet companies have high debt. It was found that the trade-off theory of capital structure, pecking order theory, market timing theory, and other theories cannot individually explain a firm's capital structure. However, they can complement each other in describing some patterns of observed behavior. A number of recommendations for capital structure theory and practice are suggested.

Item Type: Article
Uncontrolled Keywords: capital structure, financing strategy, internet companies, sources of financing
Faculty \ School: Faculty of Social Sciences > School of Economics
Related URLs:
Depositing User: LivePure Connector
Date Deposited: 21 Oct 2021 01:26
Last Modified: 23 Oct 2022 03:10
DOI: 10.1080/15332861.2014.961348

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