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law on firms' capital structure. Design/methodology/approach – Taking advantage of the Brazilian bankruptcy law reform as …Purpose – The purpose of this paper is to study the effect of changes in creditors' priority defined by the bankruptcy … and after the new law, using fixed-effects panel regression. The empirical results are in line with theories that predict …
Persistent link: https://www.econbiz.de/10008493730
law on firms' capital structure. Design/methodology/approach – Taking advantage of the Brazilian bankruptcy law reform as …Purpose – The purpose of this paper is to study the effect of changes in creditors' priority defined by the bankruptcy … and after the new law, using fixed‐effects panel regression. The empirical results are in line with theories that predict …
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