Now showing items 1-2 of 2
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 ...
Capital structure revisited. Do crisis and competition matter in a Keiretsu corporate structure?
We investigate firm-level determinants of capital structure using a large sample of 4,284 Japanese firms over a nineteen-year period (i.e., over 61,000 firm-year observations), a hitherto less examined sample for this ...