Leverage, investment, and firm growth
نویسندگان
چکیده
منابع مشابه
The impact of leverage on firm investment: Canadian evidence
This study examines the impact of financial leverage on the firms’ investment decisions using information on Canadian publicly traded companies. It shows that leverage is negatively related to investment and that this negative effect is significantly stronger for firms with low growth opportunities than those with high growth opportunities. The paper tests the robustness of these results using ...
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ژورنال
عنوان ژورنال: Journal of Financial Economics
سال: 1996
ISSN: 0304-405X
DOI: 10.1016/0304-405x(95)00842-3