Empirical Study on Capital Structure of Listed Companies in Taiwan － An Application of Static Tradeoff Theory
碩士 === 朝陽科技大學 === 財務金融系碩士班 === 96 === In this study, we employed the data of listed companies in Taiwan and the model proposed by Kayhan and Titman (2007). We obtained the target leverage ratio by using Tobit model. We regressed changes in the debt ratio on estimated leverage deficit, change in leve...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | zh-TW |
| Published: |
2008
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| Online Access: | http://ndltd.ncl.edu.tw/handle/2fhk3d |