… those assets. We also use a natural experiment driving differential increases in the supply of
real estate assets … Consistent with a supply-side view of capital structure, we find that asset …

… similar real assets.” These identifiable intangible assets are at the center of our study. …
To determine how much these other intangible assets matter for capital structure, we try to …

… including interest rates and the term and capital structure. Houses have a double-leveraged …
including interest rates, the term and capital structure. Financial variables have no impact on …

… , our article contributes to the literature on REIT capital structure. Brown and Riddiough (2003)
were the first to distinguish between secured and unsecured debt in the liability …

… capital structure research, concentrating on papers published since 2005. We begin by
documenting three dimensions of capital structure … of capital affects corporate capital structure, (d) …

Research on capital structure attempts to explain how corporations finance real investment,
with particular emphasis on the proportions of debt vs. equity financing. There is no universal …

… a firm's capital structure choice when assets have outside value. Valuable assets implicitly
… holders ex post optimally sell the assets or re-optimise the capital structure. Ex ante, more …

… This paper analyzes how real assets implicitly provide a collateral for debt when an initially
profitable production becomes relatively non-profitable in a structural model framework. Ex …

… assumes capital availability depends solely on firm characteristics. However, market frictions
that make capital structure relevant may also be associated with a firm’s source of capital. …

… between tangible assets and the capital structure of Croatian small and medium-sized
enterprises. Most previous studies have shown various relationships between tangible assets and …