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dc.contributor.authorEger, Robert J.
dc.date.accessioned2014-05-16T18:00:12Z
dc.date.available2014-05-16T18:00:12Z
dc.date.issued2012
dc.identifier.urihttp://hdl.handle.net/10945/41259
dc.description.abstractA novel integration of public and corporate financial theory is used to model capital structure in special purpose organizations. The expectation is that considering the similarities to corporate structure and managerial objectives these organizations will display evidence of an intergovernmental modified pecking order approach to capital structure. The censored probit method suggests that special purpose entities follow an intergovernmental modified pecking order of capital structure, with correct classification in excess of eighty-nine percent. The results support a direct link between intergovernmental revenue and the capital structure of the organization, providing insight into the tie between managerial costs and benefits.en_US
dc.rightsThis publication is a work of the U.S. Government as defined in Title 17, United States Code, Section 101. Copyright protection is not available for this work in the United States.en_US
dc.titleIs the Nexus of Corporate and Public Financial Management Institutionalized in Special Purpose Entities?en_US
dc.typeArticleen_US
dc.contributor.departmentGraduate School of Business & Public Policy (GSBPP)
dc.subject.authorFinancial managementen_US
dc.subject.authorcapital structureen_US
dc.subject.authorspecial purpose entitiesen_US
dc.subject.authorfiscal federalismen_US


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