Economic Uncertainty and Firms’ Capital Structure: Evidence from China

This article assesses the effects of economic uncertainty on the corporate capital structure of Chinese-listed firms using a panel dataset of 1138 firms with A-shares traded on the Shanghai Stock Exchange and Shenzhen Stock Exchange for the period 2006–2020 and fixed-effect regression analysis. Econ...

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Bibliographic Details
Main Authors: Chenglin Gao, Takuji W. Tsusaka
Format: Article
Language:English
Published: MDPI AG 2023-03-01
Series:Risks
Subjects:
Online Access:https://www.mdpi.com/2227-9091/11/4/66