The Giant's Pull: How Macroeconomic Conditions in China Explain Leverage Decisions in Thailand's Shipping SMEs
This paper investigates economic policy uncertainty (EPU) which has been neglected in prior literature on the shipping industry. We find that EPU in China plays an important role in determining the leverage decisions of Thailand's shipping industry. When EPU increases, companies may achieve hig...
Main Authors: | , |
---|---|
Format: | Article |
Language: | English |
Published: |
Elsevier
2018-12-01
|
Series: | Asian Journal of Shipping and Logistics |
Online Access: | http://www.sciencedirect.com/science/article/pii/S2092521218300804 |