Factors affecting speed of adjustment under different economic conditions: dynamic capital structure sensitivity analysis
Purpose – This study aims to examine the existence of capital structure dynamics and speed of adjustment during different economic periods. This study adds to the existing body of literature by investigating the factors influencing adjustment process toward target debt in developing economies. Desig...
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Main Authors: | , , , |
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Format: | Article |
Published: |
Emerald Group Publishing
2015
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Subjects: | |
Online Access: | http://eprints.utm.my/id/eprint/55263/ http://dx.doi.org/10.1108/JCEFTS-08-2014-0015 |
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Institution: | Universiti Teknologi Malaysia |