The Relationship Between Investment and Fund Raising: An Empirical study to Japanese Manufacturing Firms

Hongfei Zhu ()

Economics Bulletin, 2009, vol. 29, issue 1, 357-367

Abstract: 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.

JEL-codes: G3 L0 (search for similar items in EconPapers)
Date: 2009-03-20
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