The effect of ownership structure on leverage decision: new evidence from Chinese listed firms
The effect of ownership structure on leverage decision: new evidence from Chinese listed firms
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Publisher
London: Taylor & Francis Group
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Language
English
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Publisher
London: Taylor & Francis Group
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Contents
This paper examines the effect of state control and ownership structure on the leverage decision of firms listed in the Chinese stock market. Our results show that state-owned enterprises (SOEs) have higher leverage ratios than non-SOEs, and SOEs in regions with a poorer institutional environment have higher leverage ratios than SOEs in better regi...
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Full title
The effect of ownership structure on leverage decision: new evidence from Chinese listed firms
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TN_cdi_proquest_miscellaneous_870439673
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_miscellaneous_870439673
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ISSN
1354-7860
E-ISSN
1469-9648
DOI
10.1080/13547860.2011.564755
