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Keywords: Generalized method of moment
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Journal Articles
Factors affecting speed of adjustment under different economic conditions: Dynamic capital structure sensitivity analysis
Available to Purchase
Journal of Chinese Economic and Foreign Trade Studies (2015) 8 (3): 165–182.
Published: 05 October 2015
... influencing adjustment process toward target debt in developing economies. Design/methodology/approach – By employing two-step generalized method of moment (GMM) and sensitivity analysis, the study highlights critical factors which affect firms’ adjustment mechanism for target debt. Findings...
