or employment. Using U.S. firm level data, we document systematic patterns of cash and debt financing around lumpy … productivity are leading indicators of the lumpy adjustment. Cash and debt capacity are actively manipulated, and contribute … debt. During and after contractions, firms rebuild cash and reduce debt growth significantly in a concerted effort to …

firm’s leverage significantly determines its coalmining fatality: A 10% increase in the debt ratio leads, on average, to a … 3% increase in the number of death tolls. It suggests that reducing leverage in coalmining firms can be an effective way …

. Second, it is tested whether the behaviour of listed firms as regards to debt follows the pecking order theory. Design … heterogeneity is an important determinant towards the target leverage. A fixed effects estimation procedure, with robust intercepts … allowed to vary across firms, was employed to examine the relationship between leverage and performance. Findings - The …

Corporate cash holdings impact firms' product pricing strategies. Exploiting the Aviation Investment and Reform Act of … that firms with more cash than their rivals respond to intensified competition by pricing more aggressively, especially …. Moreover, cash-rich firms experience greater market share gains and long-term profitability growth. The results highlight the …

relationships. Being in an important relationship affects cash holdings and leverage differently, indicating that firms manage cash … and debt for different purposes. I find that suppliers in relationships primarily accrue cash through issuance of stock as … relationship with a customer, I find that suppliers in such relationships hold more cash on average than suppliers that are not in …

in small firms' capital structure. While small firms' leverage does seem to vary across regions, at least in countries … much yet is known about variation in debt maturity, in debt in relation to equity, and between different types of small …

significance. Research questions focused on whether representation impacts leverage levels and the consistency of effects across …. Annual reports of 15 established banks provided data on leverage, gender diversity percentages, board size and other …, addressed endogeneity concerns. Key findings found gender diversity consistently correlated with lower debt utilization …