Showing 1 - 4 of 4
Persistent link: https://www.econbiz.de/10011401174
Persistent link: https://www.econbiz.de/10003916230
We analyze the link between creditor rights and firms' investment policies, proposing that stronger creditor rights in bankruptcy reduce corporate risk-taking. In cross-country analysis, we find that stronger creditor rights induce greater propensity of firms to engage in diversifying...
Persistent link: https://www.econbiz.de/10012463080
Persistent link: https://www.econbiz.de/10003554483