Risks and financing decisions: dynamic panel data evidence from the Philippines
Using a sample of listed non-financial Philippine firms over the period 2004-2014, this study empirically examines the effects of macroeconomic and firm-specific uncertainty on firm leverage. We employ a dynamic panel data method, namely the robust two-step system GMM estimator on both the book and...
| Main Authors: | Chow, Yee Peng, Muhammad, Junaina, Amin Noordin, Bany Ariffin, Cheng, Fan Fah |
|---|---|
| Format: | Conference or Workshop Item |
| Language: | English |
| Published: |
Panoply Consultancy
2017
|
| Online Access: | http://psasir.upm.edu.my/id/eprint/64959/ http://psasir.upm.edu.my/id/eprint/64959/1/2017-6.pdf |
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