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Published in 2021 at "Journal of Financial Economics"
DOI: 10.1016/j.jfineco.2021.07.017
Abstract: Abstract Firms sharing a board member with a media company receive more news coverage. This in turn affects those firms’ financing choices: they issue more bonds, rely less on bank loans, and have lower blockholder…
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Keywords:
directors financing;
external governance;
linked directors;
effect media ... See more keywords