Funchal, Bruno; Galdi, Fernando Caio; Coimbra, Paulo C. - Fundação Instituto Capixaba de Pesquisas em … - 2008
This paper examines the relationship between corporate governance level and the bankruptcy law to such debt variables as firms? cost of debt and amount of debt under uncertainty (in the Knight´s sense). First we find that the better the corporate governance and the harsher bankruptcy law, the...