Suk, Kim Sung; Juliana, Rita; Handoko, Liza - In: Asian Academy of Management journal 28 (2023) 2, pp. 333-369
firms’ leverage decisions, specifically focusing on how these factors influence target leverage dynamics and financial … recognise that factors like macroeconomic fluctuations and unanticipated financing needs can cause deviations from this target … leverage. This study seeks to explore the joint effect of economic policy uncertainty (EPU) and large long-term investments on …