Kumar, B. Rajesh; Sujit, K.S. - In: International Journal of Strategic Decision Sciences (IJSDS) 8 (2017) 4, pp. 86-101
Different industry sectors have high degree of variation with respect to financial leverage. The excessive use of financial leverage by firms had played a paramount role in the 2008 financial crisis. This study examines the average debt intensity of different industrial sectors during different...