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The Impact of COVID-19 Economic Crisis on the Speed of Adjustment toward Target Leverage Ratio: An International Analysis

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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… read more here.

Keywords: impact covid; adjustment toward; target leverage; speed adjustment ... See more keywords