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Keywords: Target leverage
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Journal Articles
Capital structure dynamics: China and India (Chindia) perspective
Available to Purchase
Journal:
European Business Review
European Business Review (2020) 32 (5): 845–868.
Published: 15 April 2020
... firms revert to their target leverage ratios at a higher rate as compared to Chinese firms (30 and 20 per cent, respectively). Further, the inflation rate, bond market and stock market development are significant factors impacting leverage in the case of India, whereas bond market development...
