Proactive Capital Structure Adjustments: Evidence from Corporate Filings
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DOI: 10.1017/s0022109020000952
Abstract: Abstract We use new hand-collected data from corporate filings to study the drivers of corporate capital structure adjustment. Classifying firms by their adjustment frequencies, we reveal previously unknown patterns in their reasons for financing and… read more here.
Keywords: capital structure; structure adjustments; proactive capital; corporate filings ... See more keywords