Debt and firm value in Malaysia: A panel threshold regression analysis
There have been number of studies discussing the optimal level of capital structure since the seminal work of Modigliani and Miller (1958).In this study, we examine whether an optimal level of debt exist at which a firm could maximize its value.An advanced panel threshold regression model by Hansen...
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| Main Authors: | , |
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| Format: | Conference or Workshop Item |
| Language: | English |
| Published: |
2011
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| Subjects: | |
| Online Access: | http://repo.uum.edu.my/15418/1/06088791.pdf http://repo.uum.edu.my/15418/ http://doi.org/10.1109/ISBEIA.2011.6088791 |
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| Institution: | Universiti Utara Malaysia |
| Language: | English |