Earticle

초록

영어

From the perspective of the domestic capital markets, there have been little researches on the financial characteristics of the firms belonging to the KOSDAQ(Korea Securities Dealers Automated Quotation), in comparison with those of the firms classified into the KOSPI(Korea Composite Stock Price Index). For robustness, this study has performed the following three hypotheses for further investigations: (1)To find any financial characteristics on the capital structure regarding the firms' leverage ratios listed in the KOSDAQ utilizing the ‘panel data’ analysis. (2)To examine any structural changes of the firms in the leverage determinants, covering the sample periods between the pre- and post-U.S. financial crisis (3)To further analyze the statistically significant variables (or components) such as profitability by utilizing the DuPont system. Given the global economic circumstances related to the bilateral or trilateral FTA pact among the associated nations, multinational corporations headquartered in either advanced or emerging capital regions, may examine the results obtained from this study, when taking into account establishing new business entities and implementing their optimal capital structures in the Korean capital markets.

목차

ABSTRACTS
 I. Introduction
 II. Review of the Previous Literature
 III. DATA AND METHODOLOGY
  3.1 Data Collection
  3.2 Methodologies
 IV. Analyses and I nterpretations
  4.1 Analyses
  4.2 Interpretations
 V. Concluding Remarks
 References

키워드

저자

• Hanjoon Kim [ Hoseo University, Republic of Korea ]

참고문헌

발행기관

간행물

표지보기 관심저널 등록

• 간행물명

  한국재무학회 학술대회

• 간기

  부정기

• 수록기간

  2006~2024

• 십진분류

  KDC 325 DDC 330