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This paper applies theories of capital structure to empirically test the determinants of capital structure choice of publicly listed firms in China. The capital structure of publicly listed firms in China is very unique in the sense that there are few privatized firms, few corporate bond issues, heavily depending on bank borrowing, and few institutional investors. ...
This paper applies theories of capital structure to empirically test the determinants of capital structure choice of publicly listed firms in China. The capital structure of publicly listed firms in China is very unique in the sense that there are few privatized firms, few corporate bond issues, heavily depending on bank borrowing, and few institutional investors.
Approximate Word count = 392
Approximate Pages = 1.6
(250 words per page double spaced)
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