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《運動視界》是一個「為了帶給喜愛運動的朋友們收穫與感動而存在的組織、平台與社群」，希望讓大家每天能樂在其中，一起發掘，專屬於你的運動見解。 訂閱運動視界電子報
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Next, Chinese companies seem to be extra delicate in expanding debt for Assembly their financing needs than in applying surplus for retiring credit card debt. Thirdly, Chinese firms have an exceptional current market-based mostly leverage ratio. Each the partial adjustment and mistake correction types recommend that Chinese corporations modify towards focus on leverage gradually right before 2006. Nonetheless, right after 2006, they speed up their leverage adjustments in a speed as rapidly as that documented from the designed markets. The growing adjustment speeds are attributed into the shrinking transaction charges and agency costs attributable to latest currency and share-split composition reforms. General the trade-off principle works a lot better than the pecking get idea in detailing Chinese companies’ funds construction. Chinese organizations’ funding behaviors have become extra akin to These from the developed industry with raising integration and financial liberalization. Stick to SCIRP
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