Chasiotis, Ioannis; Konstantios, Dimitrios; Naoum, … - In: Cogent economics & finance 10 (2022) 1, pp. 1-12
This study investigates asymmetries in the capital structure speed of adjustment in the case of a capital … regime-switching partial adjustment model, to test whether the capital structure speed of adjustment depends on a firm … we document that maritime firms exhibit a higher (lower) speed of adjustment when they lie below (above) their target …