The purpose of this article is to examine the capital structure across different industries for
companies quoted on a stock exchange and headquartered in the United States. The paper …

This paper is a review of the central theoretical literature. The most important arguments for
what could determine capital structure is the pecking order theory and the static trade off …

The central theme in capital structure literature is whether an optimal or at least a target
capital structure exists. An optimal capital structure is defined by a relation between debt and …

In this article we discuss whether commodities should be included as an asset class when
establishing portfolios. By investigating second order stochastic dominance relations, we find …

Under rational expectations, one may interpret a normal capital structure, contingent on
variables that differ among firms, as an optimal capital structure. The firms are rational if they …

In this paper, the relationship between Gas oil and Brent Crude oil futures prices is investigated.
The analysis is based on daily price series for five different contract lengths traded on …

This paper investigates determinants of capital structure in 308 UK real estate companies.
The data panel consists of accounting data from the fiscal years 1998–2006. By using panel …

This paper investigates the relationship between futures prices of electricity, on the one hand
and crude oil, natural gas and coal on the other hand, in the U nited K ingdom, G erman …

We estimate the impact of macroeconomic risk factors on shipping stock returns, using a
quantile regression (QR) model. We regress the excess return of a portfolio for the container, dry …

In the commodity markets, consumers, producers, and investors will occasionally lose out
on positions in the futures and options markets. Very large losses in commodity trading can …