DocumentCode :
3585463
Title :
An Investigation of Inter-industry Difference on Capital Structure: The Case of Chinese Listed Corporations
Author :
Yonghong Zhong ; Lu Chen
Author_Institution :
Sch. of Econ. & Commerce, South China Univ. of Technol., Guangzhou, China
Volume :
2
fYear :
2014
Firstpage :
179
Lastpage :
182
Abstract :
At present, most of the researches on capital structure of industry difference are focused on listed corporation before the reform of non-tradable shares. This paper discusses the inter-industry difference of capital structure and its causes in Chinese listed corporations during 2007-2012. The investigation has been performed by using Kruskal-Wallis H non-parametric test, least-significant difference test and panel data regression. The results show that there are universal inter-industry differences among Chinese listed corporations´ capital structure and the differences become more and more significant over time.
Keywords :
nonparametric statistics; regression analysis; share prices; statistical testing; taxation; Chinese listed corporations; Kruskal-Wallis H nonparametric test; capital structure; inter-industry difference; least-significant difference test; nontradable shares; panel data regression; Business; Industries; Profitability; Resistance heating; Sun; Water heating; capital structure; inter-industry differences; listed corporations;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Computational Intelligence and Design (ISCID), 2014 Seventh International Symposium on
Print_ISBN :
978-1-4799-7004-9
Type :
conf
DOI :
10.1109/ISCID.2014.97
Filename :
7081965
Link To Document :
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