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		| Hongfei  Zhu | 
	
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		| ''The Relationship Between Investment and Fund Raising: An Empirical study to Japanese Manufacturing Firms'' | 
	
		| ( 2009, Vol. 29 No.1 ) | 
	
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		| This paper applies Within3SLS to estimate simultaneous equations for panel data of Japanese manufacturing firms to investigate the relationship between investment and fund raising. A negative interrelationship between current leverage and investment is detected. | 
	
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		| Keywords: | 
	
		| JEL: G3 - Corporate Finance and Governance: General
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		| | Manuscript Received : Oct 23 2008 |  | Manuscript Accepted : Mar 20 2009 | 
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