Huang, Xiaohong; Kabir, Rezaul; Zhang, Lingling - In: China journal of accounting research : CJAR 11 (2018) 3, pp. 171-185
Emerging economies provide interesting scenarios for examining how institutional context influences the financing behavior of firms. In this study, we examine the capital structure of Chinese listed firms following the Split-Share Structure Reform of 2005. This reform allowed a reduction of...