Persistence and reversal of capital structure: evidence from Asia.

Law, Tak Yan. / Thesis (M.Phil.)--Chinese University of Hong Kong, 2008. / Includes bibliographical references (leaves 38-39). / Abstracts in English and Chinese. / Chapter Chapter 1. --- Introduction --- p.1 / Chapter Chapter 2. --- Literature Review --- p.4 / Chapter 2.1 --- Brief Overview --- p.4 / Chapter 2.2 --- Determinants of the Target Debt Ratio --- p.7 / Chapter 2.3 --- Adjustments Toward the Target Ratio --- p.9 / Chapter Chapter 3. --- Methodology --- p.12 / Chapter 3.1 --- Estimation of the Target Leverage Ratio --- p.12 / Chapter 3.2 --- Factors affecting the Long-term Adjustment --- p.16 / Chapter 3.3 --- Persistence and Reversal of Effects --- p.19 / Chapter Chapter 4. --- Expected Signs of Variables --- p.22 / Chapter 4.1 --- Estimation of the Target Ratio --- p.22 / Chapter 4.2 --- Effects of Firm Histories --- p.24 / Chapter 4.2.1 --- Pecking order theory --- p.24 / Chapter 4.2.2 --- Tradeoff theory --- p.25 / Chapter 4.2.3 --- Market Timing Theory --- p.25 / Chapter Chapter 5. --- Data --- p.27 / Chapter Chapter 6. --- Empirical Findings --- p.29 / Chapter 6.1 --- Estimation of the Target Ratio --- p.29 / Chapter 6.2 --- Factors Affecting the Long-term Adjustment --- p.31 / Chapter 6.3 --- Persistence of the Effects --- p.33 / Chapter 6.4 --- Reversal of the Effects --- p.35 / Chapter Chapter 7. --- Concluding Remarks --- p.37 / References --- p.38 / Tables --- p.40

Identiferoai:union.ndltd.org:cuhk.edu.hk/oai:cuhk-dr:cuhk_326306
Date January 2008
ContributorsLaw, Tak Yan., Chinese University of Hong Kong Graduate School. Division of Economics.
Source SetsThe Chinese University of Hong Kong
LanguageEnglish, Chinese
Detected LanguageEnglish
TypeText, bibliography
Formatprint, iv, 67 leaves : ill. ; 30 cm.
CoverageAsia, Asia
RightsUse of this resource is governed by the terms and conditions of the Creative Commons “Attribution-NonCommercial-NoDerivatives 4.0 International” License (http://creativecommons.org/licenses/by-nc-nd/4.0/)

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