Yasmin, Ammara; Rashid, Abdul - In: Pakistan Journal of Commerce and Social Sciences (PJCSS) 12 (2018) 2, pp. 477-500
This study is the first to empirically examine whether the speed of adjustment (SOA) of capital structure is asymmetric between financially conservative (FC) and non-financially conservative (NFC) firms in Pakistan over the period 1998-2014. Using GMM estimation method for estimating target net...
