Firm level, ownership concentration and industry level determinants of capital structure in an emerging market: Indonesia evidence
This study evaluates the impact of firm and industry level determinants plus ownership concentration on the capital structure decisions in Indonesia. This study finds that growing firms seem to employ high level of debt, taking advantage of the tax shield as explained by the trade-off theory. Howeve...
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| Format: | Article |
| Language: | English English English |
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USM Press
2018
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| Online Access: | http://irep.iium.edu.my/66021/ http://irep.iium.edu.my/66021/ http://irep.iium.edu.my/66021/7/66021%20Firm%20level%2C%20ownership%20concentration%20and%20industry%20level%20determinants.pdf http://irep.iium.edu.my/66021/8/66021%20Firm%20level%2C%20ownership%20concentration%20and%20industry%20level%20determinants%20SCOPUS.pdf http://irep.iium.edu.my/66021/19/66021%20Firm%20level%2C%20ownership%20concentration%20and%20industry%20level%20determinants%20of%20capital%20structure_wos.pdf |