The Impact of Dividend Policies and Financing Strategies on the Speed of Firms’ Capital Structure Adjustment

Based on the framework of the dynamic adjustment model, this paper examines the impact of dividend policies and financing strategies on the speed of capital structure adjustment and explores the relationship between dividend distribution and financing behavior. The empirical results show that if the...

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Bibliographic Details
Main Authors: Yan Zou, Qinghui Bai
Format: Article
Language:English
Published: Wiley 2022-01-01
Series:Discrete Dynamics in Nature and Society
Online Access:http://dx.doi.org/10.1155/2022/3209502
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