Do DJIA Firms Reflect Stationary Debt Ratios?

To form optimum firm capital structure strategies to face unanticipated economic events, firm managers should understand the stability of a firm’s capital structure. The aim of this research was to study whether the debt ratio is stationary in listed firms on the Dow Jones Industrial Average (DJIA)....

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Bibliographic Details
Main Author: Feng-Li Lin
Format: Article
Language:English
Published: MDPI AG 2020-09-01
Series:Economies
Subjects:
Online Access:https://www.mdpi.com/2227-7099/8/4/76