...Tianli Zhong; Tianyu Zhang Purpose The purpose of this paper is to identify if peer firms’ capital structure decision plays a role in determining focal firms’ capital structure decision, despite the fact that correlated effects can also lead to co-movement of financing behavior among firms from...

... and adjusting their capital structure to increase their actual control in order to minimize the risk of marginalization accompanying their internationalization process. Originality/value While an increasing number of Chinese firms are on a fast track of internationalization to enter the global market...

...Xiao Zuoping Purpose The purpose of this paper is to empirically test how ultimate controlling shareholders' ownership‐control rights divergence and government intervention affect choice of capital structure (CS), and how the relationship between controlling shareholders' ownership‐control rights...

...Xiao Zuoping Purpose The purpose of this paper is to explain theoretically the relation between large shareholders, legal institutions, and capital structure, then empirically deduce how large shareholders and legal institution affected capital structure decision by integrating Chinese...