Capital Structure and Market Power: Evidence from Thai Firms

Utilizing a sample of 223 non-financial Thai firms over an eight-year period from 1997-2004, we test the relationship between financing decisions and market power using Ordinary Least Squares (OLS) and fixed-firm effects regressions. Our results show a non-linear relationship between capital structu...

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Bibliographic Details
Main Authors: Sasanee Lovisuth, Richard Fairchild, Rathin S. Rathinasamy
Format: Article
Language:English
Published: People & Global Business Association (P&GBA) 2009-03-01
Series:Global Business and Finance Review
Subjects:
Online Access:http://www.gbfrjournal.org/pds/journal/thesis/20150622154913-Z2U4F.pdf