Salehi, Mahdi; Lotfi, Afsaneh; Farhangdoust, Shayan - In: Journal of Management Development 36 (2017) 10, pp. 1216-1229
Purpose The purpose of this paper is to examine the effect of financial distress costs, corporate growth rate, and flexibility on the interaction between ownership structure and corporate debt policy. Design/methodology/approach The authors test the hypotheses by employing simultaneous equations...