Browsing by Supervisor "Bai,Min"

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Four essays on capital structure dynamics: special reference to level of leverage, state ownership, corporate governance and climate risk

Nguyen Huu, Thao (The University of Waikato, 2020)

My thesis consists of four essays that investigate the issues regarding speed of adjustment of capital structure (SOA). Since any deviation in the observed leverage from the optimal level will reduce a firm’s value, the ...