a measure of total wealth is above a certain threshold. In particular, a too large initial debt makes financial …

stabilizing public debt. A public sector of pollution abatement is financed by taxation and by issuing public debt. Considering a … debt-output ratio. …

This article aims to expand existing empirical knowledge on the impact of debt level on profitability of companies. We … 2006. By using the generalized method of moments (GMM), we show that the debt affects negatively the profitability, not …

proportion of debt financed firms in the industry. By introducing an additionnal upstream stage to the game, we then examine how … debt financing impacts on incentives to merge with competitors. We demonstrate that a merger involving leveraged firms …

Current study aims to provide new empirical evidence on the impact of debt on corporate profitability. This impact can … (GMM) econometric technique on three measures of profitability ratio (PROF1, PROF2 and ROA), we show that debt ratio has no …

Current study aims to provide new empirical evidence on the impact of debt on corporate profitability. This impact can … (GMM) econometric technique on three measures of profitability ratio (PROF1, PROF2 and ROA), we show that debt ratio has no …

crédit. Deuxièmement, nous distinguons entre les pays membres et non-membres de l'UEM pour voir si les déterminants des …

problems. Debtors used bankruptcy law in order to minimize their debt level when facing difficulties in servicing it, but they …

crédit est plafonné par la législation. En parallèle, la croissance de la microfinance dans le monde a montré que les … techniques innovatrices peuvent augmenter la disponibilité de crédit, sans augmenter indûment le risque. Néanmoins, cette … croissance de l'accès au crédit peut ne pas se concrétiser si les taux de crédit restent plafonnés par des lois régissant l …