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, investors, policy makers, and others who are interested in the financing and risk management of new economy firms. …
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This study deals with the evolution of the financing of large Canadian companies from 1960 to 1994. Part I shows that … there hass been no significant increase in total corporate debt in Canada, as there has been in the U.S. Total indebtness … between financing choices on the one hand and economic and market conditions on the other. Financing choices are measured by …
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