Adjustment factors and firms’ rational financing behaviour. Malaysia evidence
This study examines the capital structure practice of 790 Malaysian firms from 2000 until 2009. Using a dynamic framework results show that firms in Malaysia do practice target capital structure and take into account certain firm characteristics in their capital structure decisions. The firms appear...
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| Format: | Proceeding Paper |
| Language: | English |
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2013
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| Online Access: | http://irep.iium.edu.my/31137/1/Adjustment_Factors_and_Firms%27_Rational_Financing_Behaviour_Malaysia_Evidence.pdf |