English (United Kingdom)

https://curated-unify.zendy.io/wp-json/zendy-region/v1/featured_content/oa?rat=en

https://curated-unify.zendy.io/wp-json/zendy-region/v1/highlighted_journal/

Global: Zendy Plus annual

Presents the access of premium content as premium feature

Premium Content

Presents the keyphrase highlighting as premium feature

Keyphrase Highlighting

Presents the summarisation as premium feature

Summarisation

Insights

Presents the pdf analysis as premium feature

PDF Analysis

Presents the zaia usage as premium feature

ZAIA

Global: Zendy Tools annual

Global: Zendy Free Plan

Global: Zendy Tools monthly

Global: Zendy Plus monthly

In this paper, we research the linkage between the equity ownership and debt ratios as to the corporations in the Nikkei 225 stock index in Japan. The findings with regard to the Nikkei 225 firms from our investigations are as follows. First, we clarify that the relations between debt ratios and the shareholding ratios of foreign companies are strongly negative. Second, we also reveal that the relations between debt ratios and the shareholding ratios of the domestic non-financial corporations are strongly positive. Third, we further derive that the relations between debt ratios and the shareholding ratios of the 10 largest shareholders are generally negative.

Equity Ownership and Capital Structure: Evidence from the Firms in the Nikkei 225 Stock Index