Ur Rehman, Ajid; Wang, Man; Mirza, Sultan Sikandar - In: China finance and economic review : CFER 5 (2017) 8, pp. 1-30
targeting behavior of Chinese firms towards leverage and the determinants of leverage policy in China at various levels. Methods … adjustment speed towards a target level of leverage. The study finds that Chinese firms have a target level of leverage and firms … indicate significant policy implications for Chinese firms. At adjustment level, regulatory bodies should ensure that all firms …