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A new theoretical analysis of the debt financing decision : European evidence from industry data

Álvarez García, Begoña; Boedo Vilabella, Lucía; … - In: Atlantic review of economics : AROE 2 (2012)

The objective of this paper is to investigate the process of company´s debt accumulation in different European countries throughout the last decade. As a preliminary step to the empirical study, a new theoretical framework is proposed relative to capital structure, where the decision of going...

Persistent link: https://www.econbiz.de/10010230383

The debt choices of the firms in developed countries : evidence from G-7

De Luca, Pasquale - In: International journal of economics and finance 7 (2015) 4, pp. 122-134

Persistent link: https://www.econbiz.de/10010515826

Firm leverage and investment during the cirsis

Kuchler, Andreas - 2015

-level data from Denmark, this paper argues that the high leverage, which was build up by some firms before the crisis … significant effect of high leverage is present also in subsamples defined by industry, liquidity ratio, and geography. The effect … a separate leverage or 'balance sheet' channel in addition to the effects of other variables conventionally included in …

Persistent link: https://www.econbiz.de/10010531925