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Published in 2021 at "Finance Research Letters"
DOI: 10.1016/j.frl.2021.102157
Abstract: Abstract This paper investigates changes in the speed of adjustment toward target leverage ratio under the impact of COVID-19 economic crisis. Using an international sample of publicly listed firms, we find that, on average, firms…
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Keywords:
impact covid;
adjustment toward;
target leverage;
speed adjustment ... See more keywords