The Determinants of Capital Structure Decisions: Evidence from Chinese Listed Companies

dc.contributor.author	Vijayakumaran, S.
dc.contributor.author	Vijayakumaran, R.
dc.date.accessioned	2019-02-01T05:30:22Z
dc.date.accessioned	2022-06-28T03:52:10Z
dc.date.available	2019-02-01T05:30:22Z
dc.date.available	2022-06-28T03:52:10Z
dc.date.issued	2018
dc.identifier.issn	1946-052X
dc.identifier.uri	http://repo.lib.jfn.ac.lk/ujrr/handle/123456789/1232
dc.description.abstract	In this paper, we examine the determinants of leverage in the context of China using a sample of 1844 Chinese non-financial firms over the period 2003 to 2010. This study shows that the average leverage ratio of Chinese listed firms is similar to those observed in other developing countries. The study also finds thatsize, tangibility, volatility and firm age are positively and significantly associated with leverage. Firm’s profitability has statistically significant negative impact on leverage. Furthermore, we find that firm size, profitability, tangibility, volatility and firm age are the robust determinants of leverage of Chinese listed firms.	en_US
dc.language.iso	en	en_US
dc.publisher	Asian Journal of Finance & Accounting	en_US
dc.subject	Capital Structure	en_US
dc.subject	Leverage	en_US
dc.subject	firm size	en_US
dc.subject	profitability	en_US
dc.title	The Determinants of Capital Structure Decisions: Evidence from Chinese Listed Companies	en_US
dc.type	Other	en_US