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Hongfei Zhu
''The Relationship Between Investment and Fund Raising: An Empirical study to Japanese Manufacturing Firms''
( 2009, Vol. 29 No.1 )
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.
G3 - Corporate Finance and Governance: General
Manuscript Received : Oct 23 2008 Manuscript Accepted : Mar 20 2009

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