Does top managers experience affect firms capital structure?
Recently, the importance of traditional firm-specific determinants of capital structure has been challenged. The paper uses the trade-off theory to investigate the managerial experience of top managers as a determinant of capital structure. The paper applies system-generalized method of moments (GMM...
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| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Elsevier
2018
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| Online Access: | http://psasir.upm.edu.my/id/eprint/72332/1/Does%20top%20managers%20experience%20affect%20firms%20capital%20structure.pdf http://psasir.upm.edu.my/id/eprint/72332/ https://www.sciencedirect.com/science/article/abs/pii/S027553191730466X |
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| Institution: | Universiti Putra Malaysia |
| Language: | English |