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speed of adjustment

The Speed of Adjustment towards Optimal Capital Structure: A Test of Dynamic Trade-off Model

2021-06-13
By: jem
On: June 13, 2021

Capital structure remains to be a highly debated topic and the number of researches on the dynamic version of capital structure in Indonesia is very small. Besides, the inclusion of macroeconomic factors is even harder to locate. This paper analyzes the financing behaviour of non-financial firms in Indonesia. The objectiveContinue Reading

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