Lap lambert academic publishing apr 2011 (Más de 2600 resultados)

Taschenbuch. Condición: Neu. Neuware -V monografii analiziruütsq rossijskie politologicheskie issledowaniq grazhdanskogo obschestwa, i raskrywaetsq dwa podhoda k grazhdanskomu obschestwu kak politicheskomu qwleniü ¿ antropologicheskij i institucional'nyj. Awtor predlagaet integrirowat' sowremennye dostizheniq politicheskoj teorii grazhdanskogo obschestwa w issledowaniq politicheskoj regionalistiki ¿ nowogo nauchnogo naprawleniq rossijskoj politicheskoj nauki, i na osnowe rassmotrennyh metodologicheskih podhodow razrabotat' instrumentarij, pozwolqüschij wyqwlqt' i analizirowat' pokazateli grazhdanskogo obschestwa w sisteme regional'nogo politicheskogo razwitiq. Harakterizuetsq struktura grazhdanskogo obschestwa kak politicheskogo qwleniq i obosnowywaetsq perspektiwnost' izucheniq uchastiq grazhdanskogo obschestwa w processe formirowaniq i realizacii social'noj politiki regiona.…

Taschenbuch. Condición: Neu. Neuware - V monografii analiziruütsq rossijskie politologicheskie issledowaniq grazhdanskogo obschestwa, i raskrywaetsq dwa podhoda k grazhdanskomu obschestwu kak politicheskomu qwleniü - antropologicheskij i institucional'nyj. Awtor predlagaet integrirowat' sowremennye dostizheniq politicheskoj teorii grazhdanskogo obschestwa w issledowaniq politicheskoj regionalistiki - nowogo nauchnogo naprawleniq rossijskoj politicheskoj nauki, i na osnowe rassmotrennyh metodologicheskih podhodow razrabotat' instrumentarij, pozwolqüschij wyqwlqt' i analizirowat' pokazateli grazhdanskogo obschestwa w sisteme regional'nogo politicheskogo razwitiq. Harakterizuetsq struktura grazhdanskogo obschestwa kak politicheskogo qwleniq i obosnowywaetsq perspektiwnost' izucheniq uchastiq grazhdanskogo obschestwa w processe formirowaniq i realizacii social'noj politiki regiona.…

Taschenbuch. Condición: Neu. Neuware -V monografii analiziruütsq rossijskie politologicheskie issledowaniq grazhdanskogo obschestwa, i raskrywaetsq dwa podhoda k grazhdanskomu obschestwu kak politicheskomu qwleniü - antropologicheskij i institucional'nyj. Awtor predlagaet integrirowat' sowremennye dostizheniq politicheskoj teorii grazhdanskogo obschestwa w issledowaniq politicheskoj regionalistiki - nowogo nauchnogo naprawleniq rossijskoj politicheskoj nauki, i na osnowe rassmotrennyh metodologicheskih podhodow razrabotat' instrumentarij, pozwolqüschij wyqwlqt' i analizirowat' pokazateli grazhdanskogo obschestwa w sisteme regional'nogo politicheskogo razwitiq. Harakterizuetsq struktura grazhdanskogo obschestwa kak politicheskogo qwleniq i obosnowywaetsq perspektiwnost' izucheniq uchastiq grazhdanskogo obschestwa w processe formirowaniq i realizacii social'noj politiki regiona 84 pp. Russisch.…

Taschenbuch. Condición: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -Microfinance Institutes and its activities have once again come to the lime light after its pioneer Nobel Laureate Prof. Mohammad Yunus was accused of corruption by the Norwegian State TV (NRK). This research shows how such microfinance institutes, especially the Islamic Microfinance Institutes (IMFIs) and the RDS of the IBBL as a sample, can really contribute to the development of the society, in terms of alleviating poverty, improving lifestyles, and most importantly filling the gaps of basic human needs'. The research focuses on the problems of poverty in Bangladesh, and suggests that the IMFIs need to improve in terms of developing mechanisms, creating jobs as a mean of poverty alleviation and not providing cash loans, and educating the rural mass towards shifting them to real human capitals. It also shows that the IMFIs, with a growth rate of more than 10 percent, have the potentials to soon reach a global arena, and wide open the opportunities to replicate them in other Muslim nations. This book on Islamic Microfinance in Bangladesh should therefore, especially be useful for students, researchers, and professionals related to Islamic Finance and IMFIs industries. 64 pp. Englisch.…

Taschenbuch. Condición: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -In Uganda, just like other parts of the world, the debate over whether Female Headed Households (FHHS) are poor has been wedging on with inconclusive results. In addition, it is not clear as to the intensity of poverty and the nature of household conditions in such female headed household. This book examines the poverty status of FHHs in Uganda and explores the attributes of such status with regard to household conditions and urban areas. Data from the Uganda National Household Survey provided by Uganda Bureau of Statistics provides the basis of analysis. Individuals, international, government and Civil Society Organisations involved in poverty alleviation especially with disaggregated groups like women and Female heads of households will greatly benefit from this book. 68 pp. Englisch.…

Taschenbuch. Condición: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -In this modern time, the legal academia says that establishing different layers of government needs not only division of powers but also a framework in which these layers of government interact as independent and interdependent institutions. Such system is indispensible for realization of the objectives these spheres of governance are established for. One aspect of this system is supervision by central governments over activities of subnational units. Such supervision is of a particular significance where the central government is where important laws and policies are made and the others are implementers of same, and where subnational imbalance has found a solid foundation. This book focuses on supervision by central governments in two decentralized African states with such facts in comparative perspective. It would be important to researchers, educators and students of constitutional law, federalism and intergovernmental relations, in particular. 80 pp. Englisch.…

Taschenbuch. Condición: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -A daughter seeking approval from her mother and siblings through proximity to the family land; a separated woman returning to the village to attend to her aged parents; and a wife wanting to gain parity with her husband in their joint property. These stories highlight the nuances of intra-household gender relations and illustrate the highly symbolic yet contested nature of land as a social and economic resource in the Philippines. The book examines how subject positions in gender are employed to legitimize public land claims in Leyte Province, Philippines, through the national government's Land Administration and Management Program. Analytical focus is given on the role of inherited land in parental and marital relations in providing social security, creating enterprise and enhancing the status of women after marriage. Findings indicate that women are active claim-makers to land, but they do so depending on their subject positions within these relations and vis-à-vis the source of power and authority in their families. Land claims are thus also crucial to the maintenance of trust, reciprocity, obligations, and social relations. 116 pp. Englisch.…

Taschenbuch. Condición: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -Ancestral Spirits: Spirituality as Feminist Praxis in 20th Century Black Women's Literature, explores how spirituality is at the very heart of feminist epistemology for the 20th Century Black female protagonist. It further underscores that whether she is slave, mother, wife or survivor she is driven by an unseen, unknown force that compels her to rise up against all odds; and that it is this spirituality that is the basis of her unconscious and wholly acted upon, feminist praxis. 80 pp. Englisch.…

Taschenbuch. Condición: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -This book attempts to analyse the importance of education for the economic growth of a country. It outlines the time series analysis of education growth in India along with the growth of Gross Domestic Product (GDP), exports, social sector expenditure and Foreign Direct Investment (FDI). This book focuses on the regional disparity in attaining education in different states of India by applying convergence analysis. It is visualized that the findings of the study would be useful in particular to the students of economics, researchers in education sector as well as academicians interested in analyzing the economic growth and productivity. 80 pp. Englisch.…

Taschenbuch. Condición: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -The terrorist attacks on September 11, 2001 brought international repercussions unlike any previous attacks. The Global War on Terrorism was launched in response to these attacks. Nine years after the GWOT was lunched, the international community views the military approach as ineffective, as a war against Muslims and as a means for US dominance. The international community doubt the intentions of the US government and view the western media as insensitive to non-westerners; as the GWOT has had little impact on reducing international terrorism. In addressing the root causes of international terrorism we have to look at general issues such as oppression, military interventions, unresolved conflicts and authoritarian regimes supported by Western imprealist rather that only focusing on more immediate causes and circumstances that motivate and facilitate specific campaigns and acts of international terrorism. 120 pp. Englisch.…

Taschenbuch. Condición: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -The English Premiership, EPL has become much more than just a league to those that follow the game of football. It has become a way of life for these followers that it is arguably one of cult status because of its strong enduring appeal and elevation to worship by those who follow the game. With the 'big four' teams of the EPL carrying massive debt profile capable of fully industrializing some developing nations, with local fans groaning under the ever increasing cost of attending matches and buying replicas, and the growing demand to remain highly competitive, there is need for these clubs to look at a diverse source of revenue generation. The EPL, tagged 'The Greatest Show on Earth' has an estimated half a billion followers from over 200 nations and with a fanbase of such magnitude, researching the feasibility of their foreign fans as the future and key to bigger money is highly welcomed. The analysis should give to those concerned (and even to sports marketing professionals, and anyone who love the game of football), a better perspective of the issues in questions, a future outlook and how plans can be affected to address them. 72 pp. Englisch.…

Taschenbuch. Condición: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -The potential for intra-SADC trade expansion exists and is quantifiable. In statistical terms, current levels of intra-SADC trade amount to an estimated 6% of the region's total trade. The book focuses on intra-industry trade between Zimbabwe and SADC member states. SADC has established itself as an international trading bloc. Current levels of trade between selected SADC countries reveal imbalance in trade patterns, in favour of RSA, which exports several times the volume of its imports, and to some extent of Zimbabwe. Very few studies have been done on intra industry trade in SADC. There is no study so far that has been done to determine the factors that influence Zimbabwe's IIT with SADC. The non-existence of attention given to IIT and Zimbabwe has increased the author's curiosity to explore the factors that influence IIT between Zimbabwe and its trading partners within SADC. This book aimed at identifying those variables that influence intra-industry trade between Zimbabwe and a selected number of SADC member states: Botswana, RSA, DRC, Mauritius, Malawi, Namibia, and Zambia. The book attracts a wide range of readership, from high school to university level. 64 pp. Englisch.…

Taschenbuch. Condición: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -The cultural interpretation of women's work in Bangladesh is not socially well recognized, thus women became victim of socioeconomic agency of their own. Homemaker's household work treated as unpaid and non economic work and which has no relation to per ca-pita income. Whether a woman is employed or unemployed get the equal treatment in family in case of power or status. Moreover the unemployed women are more in secondary and vulnerable position and the employed women face the double burden to manage the household and outside work. Their contribution as homemaker is overlooked it they do not contribute directly with the money. For this, huge amount of population are staying outside of direct production process and their contribution is not valued in the GDP. It accounts the wastage of human resource. The recognition of homemaker's contribution should be important and consider them as active participants of national economy to ensure women's empowerment. Revaluing household work time can make homemakers contribution visible in national economy as well as GDP. 96 pp. Englisch.…

Taschenbuch. Condición: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -Livelihood security of small farmers in developing countries depends on agriculture. But gains from green revolution technologies diminished in recent years. Apart from inputs, rural infrastructure plays an important role in productivity enhancement. This study analyzes rural infrastructure as one of the determinants of Total Factor Productivity (TFP) and diversification of crops in the Indian State of Tamil Nadu. The impacts of infrastructure on technical efficiency and private investment in agriculture were also studied. The results revealed that the investments in rural infrastructure like irrigation, rural markets and roads increased TFP in agriculture. The impact of infrastructure on crop diversification was not conclusive. While irrigation intensity,markets and commercial vehicles positively influenced crop diversification, road density did not have any significant influence on diversification. The important determinants of private investment in agriculture were non-farm income, area under irrigation and access to road. The book would be of interest to the students and researchers or anyone else working in the area of agriculture and rural development. 60 pp. Englisch.…

Taschenbuch. Condición: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -In India plethora of grassroots experiences abound which dovetail livelihood and micro credit related activities around Self Help Group (SHG) paradigm. The SHG is the organisational means for channelling credit and imparting training for micro enterprise for women living in disadvantaged livelihood environment. The costal district in West Bengal, India is constrained in many of the livelihood opportunities. The first study deals with the parameters in SHG functioning and how SHG community was accommodated in Micro Finance and livelihood development. The other study deals with the livelihood impact of a well established Micro Finance Programs in otherwise well endowed farm sector. Here the women community in developed farm sector is found to have used the micro finance support to its livelihood advantage. This book will help the grassroots livelihood practitioners in devising micro finance based livelihood programs. 84 pp. Englisch.…

Taschenbuch. Condición: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -Advertising is everywhere we turn nowadays; it has become deeply rooted into the structure of our society's culture. We are greeted by advertisements when we wake, be it the radio, in newspapers, or morning television; we are bombarded with it when we leave the house whether up on a billboard or passing by on a bus; and no doubt with all of the days images and slogans swimming around in our subconscious thoughts, we are sent to sleep with advertisements too. This book aims to determine whether we in part create, or merely adhere to, these influences and to what extent culture is created as a result of advertising and the media. The purpose is to evaluate what control we can maintain when advertising employs such influential means, and to determine to what extent our culture is dominated by advertising ideals. Due to the influence of advertising is it possible that current generations perceive their 'culture' in a simulated manner Could society be living in an 'ideal' culture, created by the media 56 pp. Englisch.…

Taschenbuch. Condición: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -The outbreak of the global financial crisis, triggered by the US sub-prime mortgage crisis, has brought several issues related to monetary policy to the forefront. Unlike wider awareness about monetary policy in the United States and the Europe, the world is not well read about similar experiences in an emerging economy like India. This book is primarily a humble contribution to spread awareness about monetary policy in India, which presents a successful story, of achieving high growth rates with largely stable prices for last three decades. Beginning with an analytical review of evolution of monetary policy in India, this book highlights various empirical issues related to the impact of monetary policy on the economy. It explores dynamics of monetary transmission mechanism by introducing a synthetic framework' to the literature as also examines key issues related to the current operating procedure of monetary policy, before drawing up policy implications for conduct of monetary policy in India. The book will be a valuable guide for researchers and students interested to learn about conduct of monetary policy in India. 112 pp. Englisch.…

Taschenbuch. Condición: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -Over the last twenty years, the enforcement of competition policy of the European Commission has been intensified. It is, however, important to see how effective the antitrust activity is. Therefore, the present book is aimed at investigating the direct impact of EU competition policy on price-cost margins. Thus, we develop a model that was previously used for estimating price-cost margins, and apply it to firm-level data of 152 firms in the EU manufacturing industry that were sanctioned and addressed prohibition decisions by the European Commission. We look at both average price-cost margins, and at the before and after effect, taking the year of prohibition decisions as the point of reference. Further, we build a control group of firms that were not sanctioned, and analyze the impact of competition policy on the two groups. The tests are performed also by sub-sectors and by countries, reflecting different results within these subsamples. We find some evidence of effective competition policy, but also come to the conclusion that the activity of the competition authority should be fairly intensified. The findings can be used, among others, by policy-makers for taking future action. 68 pp. Englisch. …

Taschenbuch. Condición: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -Silk Industries of Rajshahi district in Bangladesh is very popular from Mughal era in Indian sun-continent. However, with time being it became ignored and loosing its contribution from our economy. The current status is more or less unknown to economist and government authorities. However, this could be a great economic sector for developing countries like Bangladesh. I just tried to focus the current status and suggested some ways to make it more resourceful. 96 pp. Englisch.…

Taschenbuch. Condición: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -The district of Karbi Anglong bounds several ethnic groups. Karbis occupy the predominant position.Other tribes residing in the district are Dimasa, Kacharis, Garos, Khasis, Jaintias, Rengma Nagas, Man-tias, Tiwas, Chakmas and Hindi speaking people. The composite Culture of the plural society is facing a severe threat as group rivalry and inter tribe conflict culminating into wild communal frenzy is leading to widespread discontentment, mutual suspicion, and hatred. Cultural revivalism is manifesting itself in demand for political autonomy, protection of linguistic identity and preferential treatment in employment. An unethical policy of national integration together with the unresolved nationality question, and the number oriented decision making system of the polity has paved the way for the emergence of a number of armed groups competing with each other for territorial hegemony over the scarce resources. 100 pp. Englisch. …

Taschenbuch. Condición: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -This thesis examines the concept of intellectual capital and its effect on share prices as a means to solve the lemons problem existent in current capital markets. In order to see whether intellectual capital could be part of a solution to combat this problem, the VAICTM was employed to determine the relevance of intellectual capital in relation to the stock price. The results of the regressions carried out show that the VAICTM is significant and provides increased explainability in the variation of stock prices. This leads to the conclusion that intellectual capital is an important determinant of share returns. Time comparisons of the R2 of calendar year regressions yielded no definitive conclusions regarding the conjecture that there was increased relevance of the measure of intellectual capital over time. Altogether, the results point towards the hypothesized relation between intellectual capital information and share returns. This indicates that high quality companies that wish to seek external financing in a market facing the lemons problem would benefit from the increased disclosure of intellectual capital information. 56 pp. Englisch.…

Taschenbuch. Condición: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -Marketing is as critical to better performance in dairying as dairy farming itself. There has been a considerable progress in the overall production in the dairy sector in India. However, without a proper marketing, the country would not attain the expected rate of growth in farming. The present study was carried out with the objective a)to study the production, consumption and disposal pattern of milk, b)to examine the factors affecting the marketed surplus of milk and c)to workout the marketing efficiency of different milk marketing channels. The study found that 54 per cent of marketed surplus was marketed throuhg un-organised sector. It was also found that marketed surplus was depending positively and significantly on the level of milk production and negatively on the family size and operational land holding. Three marketing channels namely, producer-consumrer, producer-vendor- consumrer and producer-vendor processor-consumer were found to be operating in the area. The price received by the household and marketing efficiency were highest in the first channel. 68 pp. Englisch.…

Taschenbuch. Condición: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -Tax rate change influences taxpayers' behavior and hence taxable income and tax revenue of the state budget. Any such change can affect declared taxable income through its effect on quality or quantity of labor supply, savings, portfolio decisions, tax avoidance by legal means or illegal tax evasion. In this work I focus on elasticity of taxable income as an estimate of these behavioral responses to a (personal income) tax rate change. First, I summarize theoretical background and fundamental analyses dealing with elasticity of taxable income. Further, I describe one of the methods, and its constraints, used for in empirical work on elasticity estimation known as difference-in-differences . I apply this method and estimate elasticity of taxable income in the Czech Republic using several recent personal income tax reforms. Those estimates that are consistent with economic theory and common sense suggest, along with results from optimal taxation theory, that the top marginal personal income tax rate in the Czech Republic should not exceed 71.8%, but any lower tax rate is justifiable based on redistributive tastes of a government. 112 pp. Englisch.…

Taschenbuch. Condición: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -Up to around the 1970s,it was unthinkable to buy and sell water for household use in Kenya.However global trends entailing liberalization and privatization beginning the 1980s made water a tradable commodity.The problem is that commercialization of water discriminates household demand by affecting households differentially relative to social and economic contexts.It is against this backdrop that this study was conceived.Commercialization of water has financial implications.This means that by trading water in the market place, only the willing buyer with the requisite purchasing power will acess the resource.A category of households are likely to be excluded from the formal water delivery system or inclined to structural adjustments to cope in a profit oriented water market.This not withstanding, some households are likely to be made better off interms of improved living standards and enhanced opportunities.This study seeks to explore the effects on household demand.It brings out the social dimensions of the problem.It engenders both theoretical and practical significance to scholars,researchers,policy makers and water consumers. 100 pp. Englisch.…

Taschenbuch. Condición: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -The Malays are the race of people who inhabit half of Southeast Asia. Malay or also known as Melayu is an ethnic group of Austronesian. Their migration to Australia, namely to Victoria, can be traced back more than 200 years ago. At first their are known as sea dweller until an early crisis happen, where all of them have been brush away by the concept of 'white people land'. This book will dug out the historical aspects of migration of the Malays people, the present situations and their future in the land called Australia. 56 pp. Englisch.…

Taschenbuch. Condición: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -This book has provided a general understanding of earnings management. Definitions of earnings management were discussed and motivations for earnings management were explored. There followed a discussion of methods of measuring earnings management with the aim of providing a more comprehensive understanding of the nature of earnings management and of specifying the method of measuring earnings measurement that best serves the purpose of this study. This book support the assumption about the opportunistic nature of earnings management and employ the most sophisticated earnings management measurement method provided by the literature, namely, performance matched discretionary accruals. Finally, a common theme in prior studies is the belief that effective corporate governance and high quality auditing may assist in restraining the incidence of earnings management. 72 pp. Englisch.…

Taschenbuch. Condición: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -Scholars have paid considerable attention to the frequency of strikes among Nigerian workers, most of the literature identifies poor working conditions and poor remunerations as factors. But very few of these studies have been so detailed to highlight on what constitutes a poor wage in a developing economy, as Nigeria; to document the gross monthly earnings plus fringe benefits of university workers; obtain the real market prices of the major stable foods consume by Nigerians; and the cost of household utilities. These evidence were generated, and were not only used to measure wage (poor or standard) and the deteriorating living conditions of workers, but also the poverty of workers and the effect of poor wage on workers'roductivity, among Junior staff of Universities in Nigeria.The background question when determining the productivity of workers is: How much can a working poor offer Students and Teachers,at all stratum will find the book very useful, so will labour unions,administrators,researchers, Non-Governmental Organizations,and International Labour Organization who may have the need to know the wage statistic and reasons for incessant strikes in Nigerian Universities. 104 pp. Englisch.…

Taschenbuch. Condición: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -Dove aims at reaching their target women through an innovative approach by using 'real' women with 'real' shapes and sizes in advertising to represent their company. The Body Milk advertisement depicts women with all shapes and sizes from different generations, ethnicity and stages in life, which illustrate the main elements of Dove's Campaign for Real Beauty. Within the advertisement Dove focuses on women assumed identical to parts of the target audience, which indicates a light selling approach as no product information is provided and the personal aspects of the brand is therefore emphasised. An analysis of the target audience of the advertisement reveals that Dove has chosen to focus on a broad segment, thereby going against main principles of segmentation concepts. An assessment of the advertisement reveals that Dove goes against the norms within their industry by disagreeing with the ideals presented by the media, hence depicting 'real' women. This approach can be affected by the relationship the target women hold towards the media. However, is this an approach that works 72 pp. Englisch.…

Taschenbuch. Condición: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -After an introduction about the film creating process, the paper deals with the financing strategies commonly adopted in the motion picture industry, with a focus on the tax-motivated innovations. Then, the document evaluates the empirical evidences of the impact of the financing structures based on fiscal incentives over the stock market trends, by computing the historical series of the correlations between the media industry index and the other sub indexes of the Eurostoxx50, through an econometric model. Subsequently, the work pays attention to the financing structures available in the Italian legal frame, to the most relevant solutions for the foreign producers and for the external investors. In addition, three interviews give a broad overview on the Italian motion picture industry, on the fiscal incentives and on the future perspectives. Gianfilippo Pedote, an Italian independent producer, Alessia Ratzenberger, the President of A-Pictures S.r.l and Andrea Pietra, the responsible of Tax Credit desk at ANICA answered to the Author's questions. Finally the author gives his own view about the next future steps of the Italian legal frame concerning the motion picture industry. 96 pp. Englisch. …

Taschenbuch. Condición: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -The role of diversification strategies in financial choices has received little attention in previous empirical financial studies. The aim of this paper is to study the effect of corporate diversification strategies on firm capital structure using a panel data analysis for a sample of 232 European firms during the period 2004-2007. Theoretical and empirical studies suggest that corporate leverage is positively related to diversification across product lines but negatively related to geographic diversification. Some studies show that these diversification strategies are complementary in generating debt usage. This paper estimates two alternative models employed by previous empirical work in the study of capital structure determinants: static trade-off model and a dynamic target adjustment model. After controlling for firm size, profitability, growth, assets tangibility and operating risk, the study finds that product and geographical diversification do not have a significant influence on leverage. 80 pp. Englisch.…