Now showing items 1-3 of 3
Leverage and firm investment: the role of information asymmetry and growth
This paper demonstrates how financial leverage impacts firm investment and the extent to which this relationship is conditional on the level of information asymmetry as well as growth. The paper relies on data from 2403 ...
Information Asymmetry, Leverage and Firm Value. Do crisis and growth matter?
Drawing on pecking order and agency cost theories, we assess the extent to which information asymmetry is an important determinant of firm value and the extent to which this relationship is conditional on the leverage level ...
Leverage and performance: Do size and crisis matter?
Purpose: This paper aims to contribute to the capital structure literature by examining the impact of financial leverage on firm performance and also the extent to which firm size and crisis matter in the leverage–performance ...