Sahoo, Abhimanyu; Sahoo, Seshadev - In: Journal of risk and financial management : JRFM 13 (2020) 6/134, pp. 1-19
433 firms listed in the National Stock Exchange (NSE) in India for the period 2013-2018, we find that firm size, debt to … insignificant when it comes to developing countries like India. Using logistic regression, it is observed that highly levered firms …