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Keywords: Instrumental variable
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Journal Articles
Journal:
Nankai Business Review International
Nankai Business Review International (2018) 9 (3): 289–315.
Published: 06 August 2018
... instrumental variable (that is less influenced by correlated effects) are performed. Findings Using data from Chinese listed firms, this paper, for the first time, identifies the presence of peer effects in capital structure and debt maturity decision. Further investigations show that first, focal firms...
