Karadas, Serkan; Papakroni, Jorida; Schlosky, Minh Tam - In: International Journal of Financial Studies : open … 10 (2022) 2, pp. 1-17
conditional on investor sentiment. Based on a minimum of 21,884 observations over the 1992-2008 period, the authors show that … Republican managers significantly reduce leverage during periods of high investor sentiment. To the best of the authors …