issue a favorable subject of considerations. The aim of this article is to summarize selected surveys on the role of debt … debt was used only in the case where internal sources of financing appeared to be insufficient. As a consequence of such an … approach, the level of debt was relatively low and it may be concluded that companies benefited carefully from financial …

itself mainly in gradual increase in debt ratios with a dominant role of short-term debt, along with the decrease in the …

motive for expectation management that aims towards the manipulation of equilibrium prices of government debt in a favorable …

marginal tax rates affect the debt policies of Spanish listed companies, and the existence of non-debt tax shields constitutes … an alternative to the use of debt as a tax shelter. Consistent with theoretical expectations, there is a stronger … relation between debt and taxation in less levered firms. Finally, we empirically estimate the impact of the new thin …

derived from the business to be positively associated with debt use and the owner's age to be negatively associated with debt … use. We find that more debt is obtained if the business owner is married and less if he or she is black. Similarly, more … debt is prevalent among start-up firms in transportation and utilities than those in other industries. When debt obtained …

debt has a negative agency advantage (defined as reducing agency costs of equity) for small businesses, a significant but …