Sustainability of Both Pecking Order and Trade-off Theories in Chinese Manufacturing Firms

Sustainability of Both Pecking Order and Trade-off Theories in Chinese Manufacturing Firms

<b> </b>Our study investigates Chinese manufacturing firms listed on both the Shanghai and the Shenzhen Stock Exchanges. These firms follow the pecking order or trade-off theories in their capital structure choices. Using panel data from the Taiwan Economic Journal and quantile regressio...

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Bibliographic Details
Main Authors: Huu Manh Nguyen, Thi Huong Giang Vuong, Thi Huong Nguyen, Yang-Che Wu, Wing-Keung Wong
Format: Article
Language:English
Published: MDPI AG 2020-05-01
Series:Sustainability
Subjects:
Chinese manufacturing firms
capital structure
pecking order theory
trade-off theory
quantile regression
Online Access:https://www.mdpi.com/2071-1050/12/9/3883

Internet

https://www.mdpi.com/2071-1050/12/9/3883

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