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

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.
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https://hal-rennes-sb.archives-ouvertes.fr/hal-03163990
Contributor : Steven Gouin <>
Submitted on : Tuesday, March 9, 2021 - 3:50:26 PM
Last modification on : Thursday, March 18, 2021 - 3:25:59 PM

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Tanveer Ahsan, Sultan Sikandar Mirza, Bakr Al-Gamrh, Muhammad Zubair Tauni. Split-share reforms and capital structure adjustment in China: a dynamic panel fractional estimation. Journal of Economic Studies, Emerald, 2020, 47 (6), pp.1265-1280. ⟨10.1108/JES-03-2019-0096⟩. ⟨hal-03163990⟩

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