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	<title>Business Destination &#187; economy</title>
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		<title>The Effects Of Financing Deficit On Leverage Choice Of Quoted Firms In A Developing Economy: The Nigerian Experience</title>
		<link>http://www.airsd.com/the-effects-of-financing-deficit-on-leverage-choice-of-quoted-firms-in-a-developing-economy-the-nigerian-experience.html</link>
		<comments>http://www.airsd.com/the-effects-of-financing-deficit-on-leverage-choice-of-quoted-firms-in-a-developing-economy-the-nigerian-experience.html#comments</comments>
		<pubDate>Mon, 13 Dec 2010 10:20:26 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[Choice]]></category>
		<category><![CDATA[Deficit]]></category>
		<category><![CDATA[Developing]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Effects]]></category>
		<category><![CDATA[Experience]]></category>
		<category><![CDATA[Financing]]></category>
		<category><![CDATA[Firms]]></category>
		<category><![CDATA[Leverage]]></category>
		<category><![CDATA[Nigerian]]></category>
		<category><![CDATA[Quoted]]></category>

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		<description><![CDATA[The Effects of Financing Deficit on Leverage Choice of Quoted Firms In A Developing Economy: The Nigerian Experience Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â  ONWUMERE J.U.J Ph.D Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â  OKOYEUZU CHINWE Â  Â  ABSTRACT: Â Â This paper examines time-series patterns of external financing decisions consistent with the pecking order theory. EmergingÂ  markets provide an excellent Â laboratory to test theÂ  explanatory power of financing deficit given the under developed markets for corporate control.The adverse selection problem of external financing automatically leads to the standard pecking order in which debt dominates equity.we run a regression with a firm&#8217;s change in debt as theÂ  dependent variable and its financing Â deficit as explanatory variable.Â  we control for other determinants of debt issuance. Controlling for other determinants of debt issuance helps us to see whether the adverse selection modelÂ  falsely omits critical determinants of leverage. This allows a nesting of the conventional determinants of leverage from the trade-off theory within an adverse <a href="http://www.airsd.com/the-effects-of-financing-deficit-on-leverage-choice-of-quoted-firms-in-a-developing-economy-the-nigerian-experience.html">Read the Rest...</a>]]></description>
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		<title>Finance: Beta</title>
		<link>http://www.airsd.com/finance-beta.html</link>
		<comments>http://www.airsd.com/finance-beta.html#comments</comments>
		<pubDate>Tue, 17 Nov 2009 11:47:51 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[crisis]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[ferguson]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[financial]]></category>
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		<category><![CDATA[niall]]></category>

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		<description><![CDATA[Nearly all Churches necessitate the need of a commercial real estate financing. The financial sources for real and substantial estate includes: Regional banks, Private investors, Insurance companies, Saving and Loan institutions and Mortgage banking firms. First let&#8217;s touch on the obstacles that occur during the process of acquiring the church mortgage loans &#38; church financing. The Major Church Financing Difficulties: (1) Church properties are unique and so, for this reason Lenders have a great apprehension regarding this matter because if the loans are not paid within a stipulated time, Lenders will be accounted for it. They have to assume ownership of the property. Owing to unique property features, it is not going to be easy to come across a new owner. (2) For getting the hold of church loans, Lenders often entail the need of &#8220;personal guarantors&#8221; especially on account of prior observation with reference to the complexities that are <a href="http://www.airsd.com/finance-beta.html">Read the Rest...</a>]]></description>
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		<item>
		<title>Major Church Financing Difficulties</title>
		<link>http://www.airsd.com/major-church-financing-difficulties.html</link>
		<comments>http://www.airsd.com/major-church-financing-difficulties.html#comments</comments>
		<pubDate>Sat, 07 Nov 2009 11:50:21 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[crisis]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[ferguson]]></category>
		<category><![CDATA[financial]]></category>
		<category><![CDATA[global]]></category>
		<category><![CDATA[harvard]]></category>
		<category><![CDATA[niall]]></category>

		<guid isPermaLink="false">http://www.airsd.com/major-church-financing-difficulties.html</guid>
		<description><![CDATA[Nearly all Churches necessitate the need of a commercial real estate financing. The financial sources for real and substantial estate includes: Regional banks, Private investors, Insurance companies, Saving and Loan institutions and Mortgage banking firms. First let&#8217;s touch on the obstacles that occur during the process of acquiring the church mortgage loans &#38; church financing. The Major Church Financing Difficulties: (1) Church properties are unique and so, for this reason Lenders have a great apprehension regarding this matter because if the loans are not paid within a stipulated time, Lenders will be accounted for it. They have to assume ownership of the property. Owing to unique property features, it is not going to be easy to come across a new owner. (2) For getting the hold of church loans, Lenders often entail the need of &#8220;personal guarantors&#8221; especially on account of prior observation with reference to the complexities that are <a href="http://www.airsd.com/major-church-financing-difficulties.html">Read the Rest...</a>]]></description>
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