Carvalho, António; Sardo, Filipe; Pacheco, Luís Dias - In: Cogent economics & finance 11 (2023) 1, pp. 1-23
The corporate debt reversibility analysis can be carried out not only from the owner/manager's active intervention perspective but also from the perspective of a mechanical reversion, independent of owner/managers' deliberations. Our study aims to discover how and which theoretical perspective...