Mun, Sung Gyun; Jang, SooCheong (Shawn) - In: International Journal of Contemporary Hospitality Management 29 (2017) 12, pp. 3006-3022
Purpose The purpose of this study was to extend the understanding of restaurant firms’ overall debt and equity financing practices by considering what drives equity financing. More importantly, this study attempted to identify whether an optimal financial leverage point exists in the...