Add to ORKGAbstract: In this paper, we examine the potential interactions of corporate financing and investment decisions in the presence of incentive problems. We develop a system-based approach to investigate the effects of growth opportunities on leverage and debt maturity as well as the effects of these financing decisions on firm investment. Using a panel of UK firms between 1996 and 2003, we find that high-growth firms control underinvestment incentives by reducing leverage but not by shortening debt maturity. There is a positive relation between leverage and debt maturity as predicted by the liquidity risk hypothesis. Leverage has a negative effect on firm investment levels, which is consistent with the overinvestment hypothesis regarding the d...
The purpose of this study was to analyze the relationship between financial leverage and firm’s inve...
In this thesis, I study the interactions between firms' capital structure and real decisions. First,...
In this thesis, I study the interactions between firms' capital structure and real decisions. First,...
Abstract: In this paper, we examine the potential interactions of corporate financing and investment...
Abstract: In this paper, we examine the potential interactions of corporate financing and investment...
ABSTRACT The objective of this paper is to investigate if the high growth of a firm results in a red...
In this paper, we examine simultaneous relationship between leverage, maturity and over(under)- inve...
This study examines the relation between financial leverage and investment decisions and role of gro...
The study aimed to examine the effect of leverage on investment decisions, the effect of debt maturi...
A large body of theoretical literature suggests that capital structure plays an important as a manag...
This study examines the impact of financial leverage on the firms ’ investment decisions using infor...
Purpose: This paper aims to investigate the impact of debt maturity on the relationship between fina...
This paper documents a negative relation between current leverage and future growth. This relation h...
We explore the differential impact of leverage and debt maturity structure on investment in Europea...
We explore the differential impact of leverage and debt maturity structure on investment in Europea...
The purpose of this study was to analyze the relationship between financial leverage and firm’s inve...
In this thesis, I study the interactions between firms' capital structure and real decisions. First,...
In this thesis, I study the interactions between firms' capital structure and real decisions. First,...
Abstract: In this paper, we examine the potential interactions of corporate financing and investment...
Abstract: In this paper, we examine the potential interactions of corporate financing and investment...
ABSTRACT The objective of this paper is to investigate if the high growth of a firm results in a red...
In this paper, we examine simultaneous relationship between leverage, maturity and over(under)- inve...
This study examines the relation between financial leverage and investment decisions and role of gro...
The study aimed to examine the effect of leverage on investment decisions, the effect of debt maturi...
A large body of theoretical literature suggests that capital structure plays an important as a manag...
This study examines the impact of financial leverage on the firms ’ investment decisions using infor...
Purpose: This paper aims to investigate the impact of debt maturity on the relationship between fina...
This paper documents a negative relation between current leverage and future growth. This relation h...
We explore the differential impact of leverage and debt maturity structure on investment in Europea...
We explore the differential impact of leverage and debt maturity structure on investment in Europea...
The purpose of this study was to analyze the relationship between financial leverage and firm’s inve...
In this thesis, I study the interactions between firms' capital structure and real decisions. First,...
In this thesis, I study the interactions between firms' capital structure and real decisions. First,...