Title :
Notice of Retraction
Research on debt maturity structure of real estate listed companies by 2SLS
Author :
Ye, Zhou ; Fengping, Wu
Author_Institution :
Management Science and Engineering, Business school, Hohai University, No.1Xikang Road Nanjing, China
Abstract :
Notice of Retraction
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
Debt maturity structure refers to the proportion of the short-term debt and long-term debt in the enterprise debt financing. With a study of the factors influencing the debt maturity structure of listed companies in China, this research shows that endogeneity between debt maturity structure and financial leverage does not affect the structure significantly based on 2SLS. Empirical research supports duration matching theory and agency cost theory, but can not explain asymmetric information theory and tax theory.
Keywords :
Companies; Educational institutions; Finance; Roads; Stock markets; 2SLS; debt maturity structure; empirical research; real estate listed companies;
Conference_Titel :
E -Business and E -Government (ICEE), 2011 International Conference on
Conference_Location :
Shanghai, China
Print_ISBN :
978-1-4244-8691-5
DOI :
10.1109/ICEBEG.2011.5884531
