Capital Structure and Innovation in Asian Emerging Economies

jiahong zhang
jiahong zhang

2010.

Cited by: 7|Bibtex|Views0|
Keywords:
external financeemerging economiesinnovationasymmetric information

Abstract:

Extant literature has emphasized the importance of internal finance for innovation investment and, in particular, that innovation is rarely financed with debt. However, relatively little is known about the effects of other forms of external finance on innovation investment. This paper investigates the relationship between firms' capital s...More

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