Huang, Bor-Yi; Lin, Cho-Min; Huang, Chien-Ming - In: Journal of Developing Areas 45 (2011) Single, pp. 209-227
This paper examines that the impact of firm-specific characteristic on firm capital structure in Chinese-listed companies and attempts to solve a few puzzles existing in previous related studies. The key factors include state ownership, institutional ownership, and the risk of default. From the...
