Lee, Hongbok; Oh, Sekyung; Park, Kwangwoo - In: Emerging Markets Finance and Trade 50 (2014) 2, pp. 34-72
We examine the capital structure policies of Korean firms using survey data for business group <i>(chaebol)</i> firms and independent firms. Our results are compared with findings in earlier studies for developed economies: Graham and Harvey (2001) for the United States and Brounen et al. (2004, 2006)...
