Moderating role of managerial optimism on the relationship between macroeconomic uncertainty and capital structure decisions

• Main Authors: Chow, Yee Peng, Muhammad, Junaina, Ariffin, A.N. Bany, Cheng, Fan Fah
• Format: Article
• Published: Inderscience Publishers 2024
• Online Access: http://psasir.upm.edu.my/id/eprint/112052/; https://doi.org/10.1504/IJMP.2024.136984
• Institution: Universiti Putra Malaysia

This paper investigates the moderating role of managerial optimism on the association between macroeconomic uncertainty and capital structure decisions. Drawing on a panel of 907 listed non-financial firms from seven Asia-Pacific countries over the period 2004 to 2020, this paper estimates the regre...