This is an exploratory study on the financing decision of corporate Korean market. It is aimed to know if the fruits of investment (returns) can influence subsequent periods leverage position. It equally investigated the relationship between market performance of stock (measure by market to book...

This study examines the impact of 1997 Asian and 2008 Global financial crises on the capital structure of Korean listed companies. Using a data set covering 1,159 Korean listed non-financial firms from 10 industrial sectors over period 1985-2015, the pattern of firms' capital structure before...