Split-share reforms and capital structure adjustment in China: a dynamic panel fractional estimation

Tanveer Ahsan; Sultan Sikandar Mirza; Bakr Al-Gamrh; Muhammad Zubair Tauni

doi:10.1108/JES-03-2019-0096

Article dans une revue

Split-share reforms and capital structure adjustment in China: a dynamic panel fractional estimation

Tanveer Ahsan ¹ Sultan Sikandar Mirza ² Bakr Al-Gamrh ¹ Muhammad Zubair Tauni ³

1 ESC [Rennes] - ESC Rennes School of Business

2 Waikato Management School

3 Métis Lab EM Normandie

Abstract : The purpose of this study is to explain the adjustment rate toward the target capital structure of Chinese nonfinancial listed firms and to investigate the impacts of the split-share reforms (2005–2006) on the capital structure adjustment rate.

Keywords : adjustment rate dynamic panel fractional estimator target capital structure split-share reforms

Type de document :

Article dans une revue

Domaine :

Économie et finance quantitative [q-fin]

Liste complète des métadonnées

https://hal-rennes-sb.archives-ouvertes.fr/hal-03163990
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Soumis le : mardi 9 mars 2021 - 15:50:26
Dernière modification le : samedi 6 août 2022 - 03:22:36

Split-share reforms and capital structure adjustment in China: a dynamic panel fractional estimation

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Split-share reforms and capital structure adjustment in China: a dynamic panel fractional estimation

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