National culture and capital structure decisions: Evidence from foreign joint ventures in China

National culture and capital structure decisions: Evidence from foreign joint ventures in China

We investigate the role of firms’ country of origin in financial leverage decisions using data on foreign joint ventures in China. We hypothesize that national culture enters the joint optimization process leading to foreign joint ventures’ leverage decisions and that it affects leverage decisions b...

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Bibliographic Details
Main Authors: LI, Kai, GRIFFIN, Dale W., YUE, Heng, ZHAO, Longkai
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2010
Subjects:
Country of Origin
Cultural Values
Embeddedness
Foreign Direct Investments
Leverage
Mastery
Accounting
Sociology of Culture
Online Access:https://ink.library.smu.edu.sg/soa_research/1581
https://ink.library.smu.edu.sg/context/soa_research/article/2608/viewcontent/SSRN_id1676900.pdf
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Institution: Singapore Management University
Language: English

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https://ink.library.smu.edu.sg/soa_research/1581
https://ink.library.smu.edu.sg/context/soa_research/article/2608/viewcontent/SSRN_id1676900.pdf

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