Saona Hoffmann, Paolo; Vallelado González, Eleuterio - In: Management Research: Journal of the Iberoamerican … 3 (2005) 2, pp. 121-136
Our aim is to analyze the type of lender and the debt maturity of Chilean firms as a function of their ownership structure and their growth opportunities. We perform the empirical analysis using an unbalanced panel data of 169 firms from 1990 to 2001. Our results show that Chilean firms with...