Heterogeneity of capital structure adjustment speed across Industry sector: Evidence from non-financial firms in Malaysia.
This study investigates the speed of adjustment (SOA) to target leverage for different industry sectors in Malaysia. Using the two-step system generalized method of moments for 415 non-financial firms from 2010 to 2021, we found that the SOA for the overall sample is 38.6% and 22.0% for total debt a...
| Published in: | INDONESIAN CAPITAL MARKET REVIEW |
|---|---|
| Main Authors: | , , , , , , |
| Format: | Article |
| Language: | English |
| Published: |
UNIV INDONESIA
2024
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| Subjects: | |
| Online Access: | https://www-webofscience-com.uitm.idm.oclc.org/wos/woscc/full-record/WOS:001284587200001 |