Leverage and capital structure determinants of Chinese listed companies.

In this paper, quantile regressions are applied to a rich dataset of Chinese listed companies contained in Standard & Poor IQ Capital database. Authors find higher sensitivity over time of corporate leverage to some of its key determinants, particularly for firms at the upper margin of the distr...

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Bibliographic Details
Main Author: Ferrarini, Benno (Author)
Format: Electronic Resource
Language:English
Published: Metro Manila, Philippines Asian Development Bank 2017.
Series:Economics working papers.
Subjects:
Online Access:https://www.adb.org/publications/leverage-capital-structure-chinese-listed-companies