Capital structure volatility, financial vulnerability, and stock returns: Evidence from Korean firms
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DOI: 10.1016/j.frl.2018.10.019
Abstract: Abstract Using a large dataset of listed firms in Korea, we test whether volatility of capital structure affects stock returns in a systematic way. Stock returns of high capital-structure-volatility firms belonging to different size groups… read more here.
Keywords: structure volatility; capital structure; volatility; stock ... See more keywords