The determinants of corporate debt ownership structure
نویسندگان
چکیده
منابع مشابه
Corporate ownership structure and the choice between bank debt and public debt
We examine the relation between a borrowing firm’s ownership structure and its choice of debt source using a novel, hand-collected data set on corporate ownership, control and debt structures for 9,831 firms in 20 countries from 2001 to 2010. We find that the divergence between control rights and cash-flow rights of a borrowing firm’s largest ultimate owner has a significant impact on the firm’...
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ژورنال
عنوان ژورنال: Managerial Finance
سال: 2008
ISSN: 0307-4358
DOI: 10.1108/03074350810915806