Easterwood, John C.; Kadapakkam, Palani-Rajan - In: Financial Management 20 (1991) 3
This paper examines the extent of reliance on private debt from 1980 through 1988 for a set of firms selected from Fortune 500 firms in 1980. The average firm in this set obtained more than half of its debt from private sources throughout the period, with a slight decline in the mid-1980's....