|
|
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. |
|
|
Keywords: |
JEL: G3 - Corporate Finance and Governance: General |
|
Manuscript Received : Oct 23 2008 | | Manuscript Accepted : Mar 20 2009 |
|