The capital structure adjustments of firms in five Asian economies
This paper provides a first attempt to analyze the long-run adjustment towards the target for Asian firms. Annual data from 1980 to 2003 of five Asian economies including Hong Kong, Japan, Singapore, Taiwan and Thailand are extracted from the PACAP database. Our sample includes 386 firms from Hong K...
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International Journal of Business and Society, Universiti Malaysia Sarawak
2012
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| Online Access: | http://www.myjurnal.my/public/article-view.php?id=65940 |