Concepedia

Target Capital Structure Deviations

Target Capital Structure Deviations is a theoretical construct in corporate finance that represents the divergence between a firm's actual capital structure and its optimal or desired debt-equity composition as predicted by the Pecking Order Theory, reflecting the extent to which financing decisions deviate from the target due to asymmetric information and internal fund prioritization.

78

Publications

11.3K

Citations

128

Authors

95

Institutions

Publications per year

2017–2026

15

Parents

Publications

78

Partial adjustment toward target capital structures

Mark J. Flannery, Kasturi P. Rangan · Journal of Financial Economics · 2005 · 2K citations

, , +10

The Debt-Equity Choice

Armen Hovakimian, Tim C. Opler, Sheridan Titman · Journal of Financial and Quantitative Analysis · 2001 · 1.8K citations

, , +17

Determinants of Capital Structure and Adjustment to Long Run Target: Evidence From UK Company Panel Data

Aydin Ozkan · Journal of Business Finance &amp Accounting · 2001 · 841 citations

, , +15

Determinants of target capital structure: The case of dual debt and equity issues

Armen Hovakimian, Gayané Hovakimian, Hassan Tehranian · Journal of Financial Economics · 2003 · 611 citations

, , +16

How and When Do Firms Adjust Their Capital Structures toward Targets?

Soku Byoun · The Journal of Finance · 2008 · 610 citations

, , +14

1–5 of 78

Authors

128

  1. AH
    Armen Hovakimian

    Baruch College, United States

    8 publications · 3.1K citations

    8

    h-index

  2. RH
    Razali Haron

    International Islamic University Malaysia, Malaysia

    5 publications · 180 citations

    5

    h-index

  3. FM
    Fauzias Mat Nor

    National University of Malaysia, Malaysia

    5 publications · 193 citations

    5

    h-index

  4. II
    Izani Ibrahim

    Prince Sultan University, Saudi Arabia

    4 publications · 166 citations

    4

    h-index

  5. MJ
    Mark J. Flannery

    University of Florida, United States

    4 publications · 2.6K citations

    4

    h-index

1–5 of 128

Institutions

95

  1. Baruch College

    New York, United States

    6 h-index

    6 publications

    1.1K citations

  2. International Islamic University Malaysia

    Kuala Lumpur, Malaysia

    4 h-index

    6 publications

    246 citations

  3. Fordham University

    New York, United States

    4 h-index

    4 publications

    729 citations

  4. University of Florida

    Gainesville, United States

    3 h-index

    4 publications

    2.7K citations

  5. University of the Witwatersrand

    Johannesburg, South Africa

    2 h-index

    3 publications

    126 citations

  6. National Bureau of Economic Research

    Cambridge, United States

    2 h-index

    2 publications

    332 citations

  7. Indian Institute of Management Indore

    Indore, India

    2 h-index

    3 publications

    161 citations

  8. An-Najah National University

    Nablus, Palestinian Territory

    2 h-index

    2 publications

    87 citations

1–8 of 95

Venues

  1. SSRN Electronic Journal

    Repository · 14 publications · 1.4K citations

    13

    h-index

  2. The Journal of Finance

    3 publications · 1.3K citations

    3

    h-index

  3. Journal of Corporate Finance

    3 publications · 381 citations

    3

    h-index

  4. RePEc: Research Papers in Economics

    Repository · 3 publications · 149 citations

    3

    h-index

  5. Journal of Financial Economics

    3 publications · 2.8K citations

    3

    h-index

1–5