Showing 1 - 10 of 6,819
relationship, accounting for a 10.72% increase in the corporate leverage during EPU. We discover that the mediating role of cash … corporate leverage relationship. Using stepwise regression analysis and annual firm-level data of 2,534 U.S. firms listed at … NYSE over 1995-2018, we provide novel evidence that cash holdings significantly and partially mediate the EPU-leverage …
Persistent link: https://www.econbiz.de/10014500896
This paper investigates the short- and long-term impacts of the Federal Reserve's large-scale asset purchases (LSAPs) on the capital structure of U.S. non-financial firms. To isolate the effects of LSAPs from the impact of concurrent macroeconomic conditions, we exploit cross-industry variations...
Persistent link: https://www.econbiz.de/10013176956
Persistent link: https://www.econbiz.de/10003941680
Persistent link: https://www.econbiz.de/10003941924
Persistent link: https://www.econbiz.de/10010353311
Persistent link: https://www.econbiz.de/10010243722
Persistent link: https://www.econbiz.de/10010430578
Persistent link: https://www.econbiz.de/10010430689
Persistent link: https://www.econbiz.de/10003839693
Persistent link: https://www.econbiz.de/10003011446