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The impact of COVID-19 economic crisis on the speed of adjustment toward target leverage ratio: An international analysis
This paper investigates changes in the speed of adjustment toward target leverage ratio under the impact of COVID-19 economic crisis. Using an international sample of publicly listed firms, we find that, on average, firms tend to adjust their capital structure more rapidly in the period following th...
| Autores principales: | , , |
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| Formato: | Online Artículo Texto |
| Lenguaje: | English |
| Publicado: |
Elsevier Inc.
2022
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| Materias: | |
| Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8856894/ https://www.ncbi.nlm.nih.gov/pubmed/35221816 http://dx.doi.org/10.1016/j.frl.2021.102157 |