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Debt and entrenchment: Evidence from Thailand and Indonesia

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  • Bunkanwanicha, Pramuan
  • Gupta, Jyoti
  • Rokhim, Rofikoh

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  • Bunkanwanicha, Pramuan & Gupta, Jyoti & Rokhim, Rofikoh, 2008. "Debt and entrenchment: Evidence from Thailand and Indonesia," European Journal of Operational Research, Elsevier, vol. 185(3), pages 1578-1595, March.
    • Handle: RePEc:eee:ejores:v:185:y:2008:i:3:p:1578-1595
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    15. Friedman, Eric & Johnson, Simon & Mitton, Todd, 2003. "Propping and tunneling," Journal of Comparative Economics, Elsevier, vol. 31(4), pages 732-750, December.
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    Cited by:

    1. Nedal Al-Fayoumi & Bana Abuzayed, 2009. "Ownership structure and corporate financing," Applied Financial Economics, Taylor & Francis Journals, vol. 19(24), pages 1975-1986.
    2. Karen Watkins Fassler, 2013. "Efecto de la Ley corporativa y la concentración de la propiedad en el desempeño empresarial en Chile y México," Ensayos Revista de Economia, Universidad Autonoma de Nuevo Leon, Facultad de Economia, vol. 0(2), pages 1-22, November.
    3. Florackis, Chris & Kanas, Angelos & Kostakis, Alexandros, 2015. "Dividend policy, managerial ownership and debt financing: A non-parametric perspective," European Journal of Operational Research, Elsevier, vol. 241(3), pages 783-795.
    4. Su, Kun, 2015. "The inner structure of pyramid and capital structure: Evidence from China," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 9, pages 1-30.
    5. Huang, Weihua & Schwienbacher, Armin & Zhao, Shan, 2012. "When bank loans are bad news: Evidence from market reactions to loan announcements under the risk of expropriation," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 22(2), pages 233-252.
    6. Li, Larry & Islam, Silvia Z., 2019. "Firm and industry specific determinants of capital structure: Evidence from the Australian market," International Review of Economics & Finance, Elsevier, vol. 59(C), pages 425-437.
    7. Jung, Jihye & Choi, In-Chan, 2022. "A multi-objective optimization model for dissolving circular shareholdings in Korean conglomerates," Socio-Economic Planning Sciences, Elsevier, vol. 82(PB).

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