Adjustment factors and firms’ rational financing behaviour. Malaysia evidence
This study examines the capital structure practice of 790 Malaysian firms from 2000 until 2009. Using a dynamic framework results show that firms in Malaysia do practice target capital structure and take into account certain firm characteristics in their capital structure decisions. The firms appear...
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Format: | Conference or Workshop Item |
Language: | English |
Published: |
2013
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Online Access: | http://irep.iium.edu.my/31137/ http://irep.iium.edu.my/31137/ http://irep.iium.edu.my/31137/1/Adjustment_Factors_and_Firms%27_Rational_Financing_Behaviour_Malaysia_Evidence.pdf |