Wang, Han-Min; Tsaur, Shiow-Huey - In: Journal of Economics and Management 2 (2006) 1, pp. 53-70
the factors of the issuing costs, information asymmetry, growth opportunity, credit quality and managerial ownership … their debt financing sources; (2) when firms facing higher information asymmetry problems employ more non-bank private debts …, and firms with lower information asymmetry problems use more public debts; (3) firms with higher growth opportunities …