Bahng, Joshua S.; Jeong, Hyeong-Chul - In: Review of Pacific Basin Financial Markets and Policies … 15 (2012) 03, pp. 1250012-1
In this paper, we investigated (i) the possible nonlinear effects in the determinants of capital structures and (ii) the nonlinear adjustment behavior of cross-sectional debt ratios in Australian firms. Our analysis utilized the quantile regression methodology and examined the existence of...