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This study investigates asymmetries in the capital structure speed of adjustment in the case of a capital-intensive industry. Employing a sample of globally listed maritime, manufacturing and services firms between 1995 and 2020, we estimate a regime-switching partial adjustment model, to test...
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of China's A-share listed companies over the period 2010 to 2018,we show that CSR and IC are both beneficial to companies …
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