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...

Full description

Bibliographic Details
Main Authors: Suntichai Kotcharin, Sakkakom Maneenop
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