Relationship between CEO characteristics, ownership concentration and speed of adjustment on leverage in selected Asian countries
Awareness of recapitalisation transaction costs in capital structure decisions has led to the introduction of dynamic capital structure. Since then, academicians have investigated the average speed of adjustment towards target leverage and their findings revealed that the speed varied across firms,...
| Main Author: | |
|---|---|
| Format: | Thesis |
| Language: | English |
| Published: |
2019
|
| Subjects: | |
| Online Access: | http://psasir.upm.edu.my/id/eprint/83307/1/FEP%202019%2025%20ir.pdf |