Brounen, D.; Jong, A. de; Koedijk, C.G. - Erasmus Research Institute of Management (ERIM), ERIM … - 2004
, capital structure, and corporate governance. We extend previous results of Graham and Harvey (2001) by broadening their sample … internationally, by including corporate governance, and by applying multivariate regression analysis. We document interesting insights … more subtle disparities across firms and national samples. We also find substantial variation in corporate governance …