Showing 1 - 10 of 17,614
Persistent link: https://www.econbiz.de/10005346317
Persistent link: https://www.econbiz.de/10005721173
Purchases and sales of operating assets by firms generated $162 billion for shareholders over the past 20 years. This contrasts sharply with the evidence on mergers. This paper characterizes the behavior of value-maximizing firms, which may grow organically, purchase existing assets or sell...
Persistent link: https://www.econbiz.de/10005513020
Persistent link: https://www.econbiz.de/10005361263
Persistent link: https://www.econbiz.de/10005361325
Persistent link: https://www.econbiz.de/10005361330
Persistent link: https://www.econbiz.de/10005361352
Persistent link: https://www.econbiz.de/10005373316
Private placement debt issues are more effective than public bonds in resolving information asymmetries and controlling …
Persistent link: https://www.econbiz.de/10005078237
investment, and that this in turn is impeding growth and the recovery. High levels of debt can depress spending and investment … through several channels. This Commentary explains one of them—debt overhang can cause firms to underinvest—and points to ways …
Persistent link: https://www.econbiz.de/10008598707