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The Determination of Capital Structure: Is National Culture a Missing Piece to the Puzzle?

Chui, Andy C. W., Lloyd, Alison E., Kwok, Chuck C. Y.

Journal of International Business Studies · 2002 · Volume 33 · Issue 1

DOI: 10.1057/palgrave.jibs.8491007

Abstract

Why does knowing the nationality of the company help predict its financial leverage? Differences in institutional backgrounds provide only a partial answer

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