{"id":"https://openalex.org/W2134489249","doi":"https://doi.org/10.1111/j.1540-6288.1991.tb00389.x","title":"Factors Affecting Capital Structure Decisions","display_name":"Factors Affecting Capital Structure Decisions","publication_year":1991,"publication_date":"1991-08-01","ids":{"openalex":"https://openalex.org/W2134489249","doi":"https://doi.org/10.1111/j.1540-6288.1991.tb00389.x","mag":"2134489249"},"language":"en","primary_location":{"id":"doi:10.1111/j.1540-6288.1991.tb00389.x","doi":"https://doi.org/10.1111/j.1540-6288.1991.tb00389.x","is_oa":false,"landing_page_url":"https://doi.org/10.1111/j.1540-6288.1991.tb00389.x","pdf_url":null,"source":{"id":"https://openalex.org/S9351053","display_name":"Financial Review","issn_l":"0732-8516","issn":["0732-8516","1540-6288"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-scientific","cwts-core","fnege-3","jufo-1","norway-1","poland-70","russia-white-list-2"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Financial Review","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5059791102","display_name":"Edgar Norton","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I32907511","display_name":"Fairleigh Dickinson University","ror":"https://ror.org/04wkzvc75","country_code":"US","type":"education","lineage":["https://openalex.org/I32907511"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"Edgar Norton","raw_affiliation_strings":["Fairleigh Dickinson University, Madison, NJ 07940. The research assistance of Glenn Cates and Todd Korol is gratefully acknowledged. Comments from two anonymous referees were also most helpful. Any errors remain our responsibility"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Fairleigh Dickinson University, Madison, NJ 07940. The research assistance of Glenn Cates and Todd Korol is gratefully acknowledged. Comments from two anonymous referees were also most helpful. Any errors remain our responsibility","institution_ids":["https://openalex.org/I32907511"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5059791102"],"corresponding_institution_ids":["https://openalex.org/I32907511"],"apc_list":{"value":2900,"currency":"USD","value_usd":2900},"apc_paid":null,"fwci":0.0,"has_fulltext":false,"cited_by_count":27,"citation_normalized_percentile":{"value":0.39503767,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":88,"max":96},"biblio":{"volume":"26","issue":"3","first_page":"431","last_page":"446"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.9970999956130981,"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"}},"topics":[{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.9970999956130981,"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/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":9.999999747378752e-05,"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/capital-structure-decisions","display_name":"capital structure decisions","score":0.875},{"id":"https://openalex.org/keywords/tax-implications","display_name":"tax implications","score":0.4869999885559082},{"id":"https://openalex.org/keywords/managerial-flexibility","display_name":"managerial flexibility","score":0.7720000147819519},{"id":"https://openalex.org/keywords/agency-costs","display_name":"agency costs","score":0.9549999833106995},{"id":"https://openalex.org/keywords/signaling","display_name":"signaling","score":0.7540000081062317},{"id":"https://openalex.org/keywords/information-asymmetry","display_name":"information asymmetry","score":0.9959999918937683},{"id":"https://openalex.org/keywords/fortune-500-companies","display_name":"Fortune 500 companies","score":0.949999988079071},{"id":"https://openalex.org/keywords/firm-heterogeneity","display_name":"firm heterogeneity","score":0.5339999794960022}],"concepts":[{"id":"https://openalex.org/C149933338","wikidata":"https://www.wikidata.org/wiki/Q950816","display_name":"Capital structure","level":3,"score":0.7983530759811401},{"id":"https://openalex.org/C2780598303","wikidata":"https://www.wikidata.org/wiki/Q65921492","display_name":"Flexibility (engineering)","level":2,"score":0.67778480052948},{"id":"https://openalex.org/C2776035688","wikidata":"https://www.wikidata.org/wiki/Q1606558","display_name":"Affect (linguistics)","level":2,"score":0.6235830783843994},{"id":"https://openalex.org/C83646750","wikidata":"https://www.wikidata.org/wiki/Q193893","display_name":"Capital (architecture)","level":2,"score":0.5248313546180725},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.4935065507888794},{"id":"https://openalex.org/C164866538","wikidata":"https://www.wikidata.org/wiki/Q367351","display_name":"Cluster (spacecraft)","level":2,"score":0.4845244288444519},{"id":"https://openalex.org/C108170787","wikidata":"https://www.wikidata.org/wiki/Q3951828","display_name":"Agency (philosophy)","level":2,"score":0.4559299945831299},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3826342821121216},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.21900847554206848},{"id":"https://openalex.org/C15744967","wikidata":"https://www.wikidata.org/wiki/Q9418","display_name":"Psychology","level":0,"score":0.11193150281906128},{"id":"https://openalex.org/C187736073","wikidata":"https://www.wikidata.org/wiki/Q2920921","display_name":"Management","level":1,"score":0.08773484826087952},{"id":"https://openalex.org/C120527767","wikidata":"https://www.wikidata.org/wiki/Q3196867","display_name":"Debt","level":2,"score":0.08716955780982971},{"id":"https://openalex.org/C205649164","wikidata":"https://www.wikidata.org/wiki/Q1071","display_name":"Geography","level":0,"score":0.06857544183731079},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.0},{"id":"https://openalex.org/C46312422","wikidata":"https://www.wikidata.org/wiki/Q11024","display_name":"Communication","level":1,"score":0.0},{"id":"https://openalex.org/C166957645","wikidata":"https://www.wikidata.org/wiki/Q23498","display_name":"Archaeology","level":1,"score":0.0},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0},{"id":"https://openalex.org/C111472728","wikidata":"https://www.wikidata.org/wiki/Q9471","display_name":"Epistemology","level":1,"score":0.0},{"id":"https://openalex.org/C199360897","wikidata":"https://www.wikidata.org/wiki/Q9143","display_name":"Programming language","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1111/j.1540-6288.1991.tb00389.x","doi":"https://doi.org/10.1111/j.1540-6288.1991.tb00389.x","is_oa":false,"landing_page_url":"https://doi.org/10.1111/j.1540-6288.1991.tb00389.x","pdf_url":null,"source":{"id":"https://openalex.org/S9351053","display_name":"Financial Review","issn_l":"0732-8516","issn":["0732-8516","1540-6288"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-scientific","cwts-core","fnege-3","jufo-1","norway-1","poland-70","russia-white-list-2"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Financial Review","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":24,"referenced_works":["https://openalex.org/W169327172","https://openalex.org/W1496286215","https://openalex.org/W1559775391","https://openalex.org/W1988939109","https://openalex.org/W2008277218","https://openalex.org/W2010517024","https://openalex.org/W2013335134","https://openalex.org/W2051959544","https://openalex.org/W2063955807","https://openalex.org/W2074928461","https://openalex.org/W2087476790","https://openalex.org/W2109360003","https://openalex.org/W2115846503","https://openalex.org/W2122753608","https://openalex.org/W2124597406","https://openalex.org/W2129262101","https://openalex.org/W2129616506","https://openalex.org/W2146880834","https://openalex.org/W2154127363","https://openalex.org/W2167285821","https://openalex.org/W2170790204","https://openalex.org/W2752617332","https://openalex.org/W3123605165","https://openalex.org/W3124114405"],"related_works":["https://openalex.org/W2960505918","https://openalex.org/W2969728803","https://openalex.org/W2162085462","https://openalex.org/W2359325730","https://openalex.org/W2499125769","https://openalex.org/W3205928016","https://openalex.org/W4408464417","https://openalex.org/W2259307811","https://openalex.org/W4394984317","https://openalex.org/W2115846503"],"abstract_inverted_index":{"Abstract":[0],"To":[1],"gain":[2],"insight":[3,107],"into":[4,110],"the":[5,34,37,62,68,75,95,99,111],"factors":[6,29],"affecting":[7,113],"capital":[8,54,114],"structure":[9,55,115],"choice,":[10],"responses":[11,97],"from":[12],"a":[13,59],"Fortune":[14],"500":[15],"survey":[16,100],"are":[17],"analyzed":[18],"using":[19],"factor":[20,40],"analysis":[21,26,85],"and":[22,50],"cluster":[23],"analysis.":[24],"Factor":[25],"uncovers":[27],"nine":[28],"explaining":[30],"66.7":[31],"percent":[32],"of":[33,61,64,77,90,102],"variation":[35],"in":[36,67],"responses.":[38],"The":[39],"loadings":[41],"indicate":[42],"that":[43],"tax":[44],"implications,":[45],"management's":[46],"desire":[47],"for":[48],"flexibility,":[49],"market":[51],"concerns":[52],"affect":[53],"decisions.":[56,116],"Perhaps":[57],"as":[58],"result":[60],"type":[63],"firms":[65],"examined":[66],"survey,":[69],"little":[70],"indication":[71],"is":[72,108],"provided":[73],"on":[74],"importance":[76],"agency":[78],"costs,":[79],"signalling,":[80],"or":[81],"asymmetric":[82],"information.":[83],"Cluster":[84],"identified":[86],"two":[87,104],"distinct":[88],"categories":[89],"firms.":[91],"By":[92],"looking":[93],"at":[94],"mean":[96],"to":[98],"questions":[101],"these":[103],"groups,":[105],"additional":[106],"gained":[109],"influences":[112]},"counts_by_year":[{"year":2024,"cited_by_count":1},{"year":2023,"cited_by_count":2},{"year":2021,"cited_by_count":1},{"year":2020,"cited_by_count":1},{"year":2019,"cited_by_count":1},{"year":2017,"cited_by_count":2},{"year":2016,"cited_by_count":2},{"year":2013,"cited_by_count":1}],"updated_date":"2026-10-14T16:39:01.820549","created_date":"2016-06-24T00:00:00"}