Purpose -The purpose of this paper is to examine whether or not industry membership can explain the leverage of Shanghai listed firms prior to the 2007 financial crisis. In view of the central role that manufacturing industry played in China's rise as a global economic power, the authors are...

This paper investigates the impact of the 2007 financial crisis on the relationship between real mortgage interest rates and real house prices. It applies a dynamic conditional correlation based methodology that uses fractionally differenced data along with controls for structural breaks and...

Purpose – This paper attempts to investigate what kind of firms is more likely to use capital structure to signal; and in particular to investigate the impacts of corporate ownership structures on firms' capital structure signalling decisions. Design/methodology/approach – The paper develops...

Purpose – The purpose of this paper is to investigate Master of Business Administration (MBA) students' performance in handling alternative types of accounting questions in order to generate some insights for future MBA accounting module teaching and assessment design....

This paper tests whether or not the well-documented corporate tax shields explanation of capital structure is applicable to firms listed on the Shanghai Stock Exchange over the period 2002-2007. A Tobit regression model is applied to examine this issue from a debt-capacity perspective. This is...