{"id":"https://openalex.org/W164060802","doi":null,"title":"The financing behavior of Dutch firms","display_name":"The financing behavior of Dutch firms","publication_year":2001,"publication_date":"2001-01-01","ids":{"openalex":"https://openalex.org/W164060802","mag":"164060802"},"language":"en","primary_location":{"id":"pmh:oai:CiteSeerX.psu:10.1.1.539.7476","doi":null,"is_oa":false,"landing_page_url":"http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.539.7476","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"http://som.eldoc.ub.rug.nl/FILES/reports/themeE/2001/01E54/01e54.pdf","raw_type":"text"},"volume":null,"type":"article","is_traditional":true,"indexed_in":[],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://research.rug.nl/en/publications/c22484f0-e845-4011-b043-1dde490176b5","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":null,"display_name":"Linda H. Chen","orcid":"https://orcid.org/0000-0003-2529-0633","observed_orcids":["https://orcid.org/0000-0003-2529-0633"]},"institutions":[{"id":"https://openalex.org/I169381384","display_name":"University of Groningen","ror":"https://ror.org/012p63287","country_code":"NL","type":"education","lineage":["https://openalex.org/I169381384"]}],"countries":["NL"],"is_corresponding":false,"raw_author_name":"Linda H. Chen","raw_affiliation_strings":["university of Groningen"],"raw_orcid":"https://orcid.org/0000-0003-2529-0633","affiliations":[{"raw_affiliation_string":"university of Groningen","institution_ids":["https://openalex.org/I169381384"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5091806452","display_name":"George J. Jiang","orcid":"https://orcid.org/0000-0003-3045-9608","observed_orcids":["https://orcid.org/0000-0003-3045-9608"]},"institutions":[{"id":"https://openalex.org/I138006243","display_name":"University of Arizona","ror":"https://ror.org/03m2x1q45","country_code":"US","type":"education","lineage":["https://openalex.org/I138006243"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"George J. Jiang","raw_affiliation_strings":["University of Arizona"],"raw_orcid":"https://orcid.org/0000-0003-3045-9608","affiliations":[{"raw_affiliation_string":"University of Arizona","institution_ids":["https://openalex.org/I138006243"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":2,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":0.5617,"has_fulltext":false,"cited_by_count":1,"citation_normalized_percentile":{"value":0.80996301,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.9965999722480774,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.9965999722480774,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12123","display_name":"Financial Analysis and Corporate Governance","score":0.0019000000320374966,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12544","display_name":"Working Capital and Financial Performance","score":0.00019999999494757503,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/corporate-financing-decisions","display_name":"corporate financing decisions","score":0.7760000228881836},{"id":"https://openalex.org/keywords/capital-structure","display_name":"capital structure","score":0.8650000095367432},{"id":"https://openalex.org/keywords/debt-ratio","display_name":"debt ratio","score":0.621999979019165},{"id":"https://openalex.org/keywords/financial-leverage","display_name":"leverage","score":0.5830000042915344},{"id":"https://openalex.org/keywords/trade-off-theory","display_name":"trade-off theory","score":0.8460000157356262},{"id":"https://openalex.org/keywords/pecking-order-theory","display_name":"pecking order theory","score":0.9559999704360962},{"id":"https://openalex.org/keywords/information-asymmetry","display_name":"information asymmetry","score":0.9649999737739563},{"id":"https://openalex.org/keywords/dutch-firms","display_name":"Dutch companies","score":0.9670000076293945}],"concepts":[{"id":"https://openalex.org/C172983313","wikidata":"https://www.wikidata.org/wiki/Q1567268","display_name":"Pecking order theory","level":4,"score":0.9397661685943604},{"id":"https://openalex.org/C59485491","wikidata":"https://www.wikidata.org/wiki/Q1438403","display_name":"Pecking order","level":2,"score":0.8468773365020752},{"id":"https://openalex.org/C149933338","wikidata":"https://www.wikidata.org/wiki/Q950816","display_name":"Capital structure","level":3,"score":0.8427872657775879},{"id":"https://openalex.org/C153083717","wikidata":"https://www.wikidata.org/wiki/Q6535263","display_name":"Leverage (statistics)","level":2,"score":0.7938439249992371},{"id":"https://openalex.org/C47702881","wikidata":"https://www.wikidata.org/wiki/Q1303118","display_name":"Internal financing","level":3,"score":0.6960703134536743},{"id":"https://openalex.org/C2778776786","wikidata":"https://www.wikidata.org/wiki/Q1455109","display_name":"External financing","level":3,"score":0.5527023673057556},{"id":"https://openalex.org/C2992672087","wikidata":"https://www.wikidata.org/wiki/Q3196867","display_name":"Debt financing","level":3,"score":0.5475810170173645},{"id":"https://openalex.org/C182306322","wikidata":"https://www.wikidata.org/wiki/Q1779371","display_name":"Order (exchange)","level":2,"score":0.5090853571891785},{"id":"https://openalex.org/C120527767","wikidata":"https://www.wikidata.org/wiki/Q3196867","display_name":"Debt","level":2,"score":0.5089638233184814},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.47910287976264954},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.43890661001205444},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.37183958292007446},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.3597576916217804},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.3426426649093628},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.06870162487030029},{"id":"https://openalex.org/C78458016","wikidata":"https://www.wikidata.org/wiki/Q840400","display_name":"Evolutionary biology","level":1,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.0}],"mesh":[],"locations_count":6,"locations":[{"id":"pmh:oai:CiteSeerX.psu:10.1.1.539.7476","doi":null,"is_oa":false,"landing_page_url":"http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.539.7476","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"http://som.eldoc.ub.rug.nl/FILES/reports/themeE/2001/01E54/01e54.pdf","raw_type":"text"},{"id":"mag:164060802","doi":null,"is_oa":false,"landing_page_url":"https://pure.rug.nl/ws/files/3097511/01e54.pdf","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"RePEc: Research Papers in Economics","raw_type":null},{"id":"mag:3146087662","doi":null,"is_oa":false,"landing_page_url":"https://ideas.repec.org/p/gro/rugsom/01e54.html","pdf_url":null,"source":{"id":"https://openalex.org/S2765068136","display_name":"Kagoshima Kenritsu Tanki Daigaku Chiiki Kenky\u016bjo kenky\u016b nenp\u014d","issn_l":"0288-5883","issn":["0288-5883"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["cwts-core"],"host_organization":"https://openalex.org/P4310315718","host_organization_name":"The MIT Press","host_organization_lineage":["https://openalex.org/P4310315718","https://openalex.org/P4310316440"],"host_organization_lineage_names":["The MIT Press","Massachusetts Institute of Technology"],"type":"journal"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Kagoshima Kenritsu Tanki Daigaku Chiiki Kenky\u016bjo kenky\u016b nenp\u014d","raw_type":null},{"id":"pmh:oai:RePEc:dgr:rugsom:01e54","doi":null,"is_oa":false,"landing_page_url":"http://irs.ub.rug.nl/ppn/237344572","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"pmh:rug:oai:pure.rug.nl:publications/c22484f0-e845-4011-b043-1dde490176b5","doi":null,"is_oa":true,"landing_page_url":"https://research.rug.nl/en/publications/c22484f0-e845-4011-b043-1dde490176b5","pdf_url":null,"source":{"id":"https://openalex.org/S4306400420","display_name":"University of Groningen research database (University of Groningen / Centre for Information Technology)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I169381384","host_organization_name":"University of Groningen","host_organization_lineage":["https://openalex.org/I169381384"],"host_organization_lineage_names":[],"type":"repository"},"license":"other-oa","license_id":"https://openalex.org/licenses/other-oa","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"info:eu-repo/semantics/workingpaper"},{"id":"pmh:rug:oai:pure.rug.nl:publications/ef29d60e-bd2a-4a50-857f-bc2fb38a8971","doi":null,"is_oa":false,"landing_page_url":"https://research.rug.nl/en/publications/ef29d60e-bd2a-4a50-857f-bc2fb38a8971","pdf_url":null,"source":{"id":"https://openalex.org/S4306400420","display_name":"University of Groningen research database (University of Groningen / Centre for Information Technology)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I169381384","host_organization_name":"University of Groningen","host_organization_lineage":["https://openalex.org/I169381384"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"info:eu-repo/semantics/book"}],"best_oa_location":{"id":"pmh:rug:oai:pure.rug.nl:publications/c22484f0-e845-4011-b043-1dde490176b5","doi":null,"is_oa":true,"landing_page_url":"https://research.rug.nl/en/publications/c22484f0-e845-4011-b043-1dde490176b5","pdf_url":null,"source":{"id":"https://openalex.org/S4306400420","display_name":"University of Groningen research database (University of Groningen / Centre for Information Technology)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I169381384","host_organization_name":"University of Groningen","host_organization_lineage":["https://openalex.org/I169381384"],"host_organization_lineage_names":[],"type":"repository"},"license":"other-oa","license_id":"https://openalex.org/licenses/other-oa","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"info:eu-repo/semantics/workingpaper"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":42,"referenced_works":["https://openalex.org/W1481992473","https://openalex.org/W1587350794","https://openalex.org/W1978352128","https://openalex.org/W1989966546","https://openalex.org/W2000578291","https://openalex.org/W2009988228","https://openalex.org/W2010917876","https://openalex.org/W2037841399","https://openalex.org/W2058213125","https://openalex.org/W2061001433","https://openalex.org/W2063955807","https://openalex.org/W2071206222","https://openalex.org/W2071659251","https://openalex.org/W2081113003","https://openalex.org/W2109360003","https://openalex.org/W2115846503","https://openalex.org/W2122529435","https://openalex.org/W2125664626","https://openalex.org/W2129123189","https://openalex.org/W2138764682","https://openalex.org/W2140041112","https://openalex.org/W2144687916","https://openalex.org/W2146278264","https://openalex.org/W2146880834","https://openalex.org/W2149608872","https://openalex.org/W2153524047","https://openalex.org/W2154044885","https://openalex.org/W2154332049","https://openalex.org/W2170790204","https://openalex.org/W2572779469","https://openalex.org/W2752617332","https://openalex.org/W3121131820","https://openalex.org/W3121825198","https://openalex.org/W3122681864","https://openalex.org/W3122701357","https://openalex.org/W3123142049","https://openalex.org/W3124114405","https://openalex.org/W3124364840","https://openalex.org/W3125353045","https://openalex.org/W3125594934","https://openalex.org/W3125600073","https://openalex.org/W3125649628"],"related_works":["https://openalex.org/W1486839797","https://openalex.org/W67250496","https://openalex.org/W3151964899","https://openalex.org/W11587852","https://openalex.org/W2158263349","https://openalex.org/W2914327815","https://openalex.org/W2108227839","https://openalex.org/W41783694","https://openalex.org/W9973941","https://openalex.org/W170447993"],"abstract_inverted_index":{"This":[0],"paper":[1,61],"investigates":[2],"the":[3,33,42,51,60,63,90,94,100,114,126,131],"financing":[4,14,28,81],"behaviour":[5],"of":[6,35],"Dutch":[7,79],"firms":[8],"by":[9,18],"testing":[10],"whether":[11],"a":[12,26,45],"firm\u2019s":[13,27,46],"decisions":[15],"are":[16,76],"determined":[17],"certain":[19,54],"factors":[20,74],"identified":[21],"in":[22,32,53,59],"various":[23,72],"theories.":[24],"Since":[25],"decision":[29],"is":[30,62,109],"reflected":[31],"changes":[34,52],"its":[36],"leverage,":[37],"our":[38,106,119],"research":[39],"focuses":[40],"on":[41],"relationship":[43],"between":[44],"debt":[47],"ratio":[48],"change":[49],"and":[50,118],"factors.":[55],"The":[56,69,83],"approach":[57],"used":[58],"structural":[64],"equation":[65],"modeling":[66],"(SEM)":[67],"technique.":[68],"model":[70],"identifies":[71],"important":[73],"that":[75],"related":[77],"to":[78,112,124],"firms\u2019":[80],"decisions.":[82],"empirical":[84],"results":[85,120],"provide":[86,121],"moderate":[87],"support":[88],"for":[89],"static":[91,115],"trade-off":[92,116],"theory,":[93,117],"pecking-order":[95,132],"hypothesis,":[96],"as":[97,99],"well":[98],"dynamic":[101],"capital":[102],"structure":[103],"model.":[104],"However,":[105],"data":[107],"set":[108],"insuffi-":[110],"cient":[111],"confirm":[113],"little":[122],"evidence":[123],"back":[125],"asymmetric":[127],"information":[128],"argument":[129],"behind":[130],"hypothesis.":[133]},"counts_by_year":[],"updated_date":"2026-11-11T12:16:26.678958","created_date":"2016-06-24T00:00:00"}