Vithessonthi, Chaiporn; Tongurai, Jittima - In: Journal of Multinational Financial Management 29 (2015) C, pp. 1-29
We draw on a comprehensive set of data of all registered firms in Thailand to examine whether firm size affects the relation between leverage and operating performance during the global financial crisis of 2007–2009. From a data set of 496,430 firm-year observations of a sample of 170,013...