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Credit risk rating is shown to be a relevant determinant in order to estimate good corporate governance and to self-optimize capital structure. The conclusion is argued from a study on a selected (and justified) sample of (182) companies listed on the Shanghai Stock Exchange (SHSE) and the...
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decisions of private firms in the post-2005 split share reform period. State ownership negatively influence leverage decisions …
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detailed expectations about capital structure behavior in China. Future research could investigate capital structure using …
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