Does oil price uncertainty affect corporate leverage? Evidence from China
Sign Up to like & getrecommendations! Published in 2021 at "Energy Economics"
DOI: 10.1016/j.eneco.2021.105252
Abstract: Abstract In view of the dramatic fluctuation of international oil price over the past decade, oil price uncertainty has aroused widespread concern of academia and policymakers. This paper firstly studies how oil price uncertainty affects… read more here.
Keywords: oil price; corporate leverage; oil; price uncertainty ... See more keywords
The relationship between economic policy uncertainty and corporate leverage: Evidence from Brazil
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DOI: 10.1016/j.frl.2020.101676
Abstract: Abstract We investigate the relationship between economic policy uncertainty and corporate leverage. Empirical evidence suggest that firms tend to lower their leverage ratios when policy uncertainty increases (Pan et al., 2019; Zhang et al., 2015). By using… read more here.
Keywords: policy uncertainty; economic policy; uncertainty; corporate leverage ... See more keywords
Judicial efficiency and capital structure: An international study
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DOI: 10.1016/j.jcorpfin.2017.03.012
Abstract: We investigate a particular aspect of creditor rights, judicial efficiency, and its influence on firms' corporate leverage in 69 countries. Increasing creditor rights makes credit more readily available due to greater loan supply, but firms… read more here.
Keywords: judicial efficiency; creditor rights; efficiency capital; efficiency ... See more keywords
The mispricing of equity risk: behavioral and corporate leverage factors
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DOI: 10.1057/s41260-017-0041-z
Abstract: In this paper, we investigate the risk anomaly in equity market. Our focus is to assess the relationship between skewness preference, investor sentiment, corporate leverage and the mispricing of equity risk. Based on data of… read more here.
Keywords: equity; equity risk; risk; investor ... See more keywords
Corporate leverage: structural equations framework in an emerging economy
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DOI: 10.1108/mf-06-2017-0203
Abstract: Purpose The purpose of this paper is to investigate the financing behavior of firms in Pakistan. Previous studies have investigated corporate leverage determinants within any particular industry, such as manufacturing industry, textiles industry, etc., with… read more here.
Keywords: methodology; industry; financing; structural equations ... See more keywords