Zariyawati Mohd Ashhari; Fan, Yaojun - In: Cogent economics & finance 10 (2022) 1, pp. 1-17
This study primarily investigates the effect of financial sustainability on capital leverage in microfinance setting … pressure of downturn and deleveraging in China. Empirically, this study employs the system GMM to observe a robustly small and … negative impact of financial sustainability on capital leverage. Furthermore, this study presents a conclusion with evidence by …