Gibrat’s law and liquidity constraints: evidence from Malaysia industrial sector companies
Gibrat’s Law, or the Law of Proportionate Effect (LPE), presupposes that the growth rate of a given company is independent of its initial size. While older studies have a tendency to confirm the LPE, recent studies generally reject it. Only very few empirical studies have examined the validity of Gi...
Saved in:
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English English |
| Published: |
IIUM Press
2016
|
| Subjects: | |
| Online Access: | http://irep.iium.edu.my/53399/1/53399_Gibrat%E2%80%99s%20law%20and%20liquidity%20constraints.pdf http://irep.iium.edu.my/53399/7/53399__Gibrat%E2%80%99s%20law%20and%20liquidity_WOS.pdf http://irep.iium.edu.my/53399/ http://journals.iium.edu.my/enmjournal/index.php/enmj/article/view/357 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|