This preview shows page 1. Sign up to view the full content.
Unformatted text preview: hip: The case of Russia, Working paper,
The World Bank.
Lee, Jong-Wha, Yound Soo Lee, and Byung-Sun Lee, 1999, The determination of corporate debt in korea, Disscusion Paper No. 718, Harvard Institute for International
Manager Information Services, 1996, Listed Companies Hand Book 1996 (Eastern Printing,
Mitchell, Jenet, 1997, Strategic creditor passivity, regulation and bank bailouts, Disussion
paper 1780, Centre for Economic Policy Research, London, UK.
Morck, Randall, David A. Strangeland, and Bernard Yeung, 1998, Inherited wealth, corporate control and economic growth: The Canadian disease?, Working paper 6814,
National Bureau of Economic Research, Cambridge, MA.
Myers, Stewart C., 1977, Determinants of corporate borrowing, Journal of Financial Economics 5, 147–175.
Pipatseritham, Krekiet, 1981, The Analysis of the Ownership Structure of Thai Conglomerates (Thammasat University Press, Bangkok, Thailand (In Thai)).
Pomerleano, Michael, 1998, The East Asia crisis and corporate ﬁnances: The untold micro
story, World Bank Policy Research Working Paper, Washington, D.C.
Pornkulwat, Suppaluk, 1996, The development of business strategies of overseas Chinese:
A case study of two families , Master’s thesis, Thammasat University, (In Thai).
Rajan, Raghuram G., 1992, Insiders and outsiders: The choice between relationship and
arms-length debt, Journal of Finance 47, 1367–1400.
Stock Exchange of Thailand, 1997, The Stock Market in Thailand 1997 .
Stohs, Mark H., and David C. Mauer, 1996, The determinants of corporate debt maturity
structure, Journal of Business 69, 279–312.
Suehiro, Akira, 1989, Capital Accumulation in Thailand: 1855-1985 (Yuki kikaku, Tokyo,
Suehiro, Akira, 2000, The data and analysis of Thai large corporatations: State owned
companies, multinational companies and business groups, Mimeo, Institute of Social
Science, University of Tokyo, in Japanese.
Thanapornpun, Rangsun, 1999, Financial Crisis and Financial Sector in the Thai Economy , volume second (Kopfai Publishing Project, Bangkok, Thailand), in Thai.
Weinstein, David, and Yishay Yafeh, 1998, Costs of a bank-centered ﬁnancial system,
Journal of Finance 53, 635–671.
Wiwattanakantang, Yupana, 2001a, Controlling shareholders and corporate value: Evidence from Thailand, Paciﬁc-Basin Finance Journal 9, 323–362.
Wiwattanakantang, Yupana, 2001b, The equity ownership structure of Thai ﬁrms, Working
paper, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi
University, Tokyo, Japan. 27 Table 1: Sample Description
This table presents characteristics of 270 companies in the sample. The sample consists of
non-ﬁnancial companies listed in the Stock Exchange of Thailand in 1996. Accounting data is
for consolidated companies, obtained from the Stock Exchange of Thailand.
Panel A: Companies in the sample, classiﬁed by industries
Industry No. of companies Agribusiness
Chemicals and plastics
View Full Document
- Fall '13