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Keywords: Partial adjustment model
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Journal Articles
Sectoral analysis of capital structure adjustment: evidence from emerging market
Available to Purchase
Journal of Advances in Management Research (2023) 20 (5): 801–820.
Published: 05 June 2023
... towards the target leverage level. Design/methodology/approach Using the dynamic panel fraction (DPF) estimator on the partial adjustment model, the study captures the heterogeneous SoA of 2,866 firms across eight prominent sectors of the Indian manufacturing industry from 2009 to 2020. To ensure...
