Dynamic Adjustment of Corporate Leverage: Is there a lesson to learn from the Recent Asian Crisis? [PDF]
Much of the macro literature on the recent Asian crisis argues that a major cause was over borrowing and over investment encouraged by poor supervision and the resulting moral hazard problem.
Sarmistha Pal +2 more
core
Fintech engagement by non-financial firms and the speed of capital structure adjustment
Available online 28 November 2025Using a sample of Chinese A-share non-financial firms from 2013 to 2022, this paper empirically examines the impact of Fintech engagement on the speed of capital structure adjustment.
Li, B., Sun, J., Xu, L., Guo, F.
core +1 more source
Regional economic resilience and sustainable development: Does industrial diversity matter? [PDF]
Mu S.
europepmc +1 more source
Haken-Entropy-Based Analysis of the Synergy Among Financial Support, Technological Innovation, and Industrial Upgrading. [PDF]
Zhang Y, Ke J, He J.
europepmc +1 more source
Human capital, technological progress and industrial restructuring. [PDF]
Zhao K, Zhang L.
europepmc +1 more source
Dynamic capital structure and partial adjustment frameworks
I compare ordinary least squares and the Kalman filter as possible estimation tools for partial adjustment models of dynamic capital structure. I find that the latter is more suited, as it can handle forms of endogeneity and measurement error.
Mueller, Michael J.
core
Route evaluation strategy of the Beijing-Tianjin multi-airport system based on the two-dimensional evaluation framework. [PDF]
Li Y, Liu Y.
europepmc +1 more source
Capital Structure Decisions: Which Factors are Reliably Important?
This paper examines the relative importance of many factors in the capital structure decisions of publicly traded American firms from 1950 to 2003.
Goyal, Vidhan K., Frank, Murray Z.
core
The impact of structure adjustment of energy consumption on the structural upgrading of the construction industry. [PDF]
Qin Z, Li J.
europepmc +1 more source
How do large banking organizations manage their capital ratio? [PDF]
Large banking organizations in the U.S. hold significantly more equity capital than the minimum required by bank regulators. This capital cushion has built up during a period of unusual profitability for the banking system, leading some observers to ...
Ozde Oztekin +4 more
core

