Adjustment Behaviour Of Leverage In Chinese Firms: An Empirical Analysis Of Overall Firms, State-Owned And Non State-Owned Enterprises

• Main Authors: Mirza, Sultan Sikandar, ur Rehman, Ajid, Zhang, XianZhi
• Format: Article
• Language: English
• Published: Asian Academy of Management (AAM) 2016
• Subjects: HD28-70 Management. Industrial Management
• Online Access: http://eprints.usm.my/37215/1/aamjaf12022016_5.pdf; http://eprints.usm.my/37215/; http://web.usm.my/journal/aamjaf/aamjaf12022016/aamjaf12022016_5.pdf
• Institution: Universiti Sains Malaysia

This study investigates the adjustment behaviour and adjustment speed of Chinese frms with regards to capital structure. For this purpose, the study utilises an extensive set of data of 867 A-Listed non-fnancial Chinese frms over ten years from 2003 to 2012. This study adds useful insights on adj...