The impact of profitability on capital structure and speed of adjustment: empirical study on selected ASEAN countries
Capital structure theory has been discussed since Modigliani and Miller in 1958. The paper attempts to investigate the relationship between profitability and leverage in the selected ASEAN countries and the pace at which the firms in these countries converge to target capital structure. The sample c...
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| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
| Published: |
2019
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| Online Access: | https://eprints.nottingham.ac.uk/57251/ |