Firm Leverage
A study finds that low-leverage firms reduce investment more than high-leverage firms when government debt increases, due to higher taxation weakening their cash flows.
Featured in No. 71 on 23 Oct 2024 · 2 days after release
- Released
- 21 Oct 2024
- First featured
- No. 71 · 23 Oct 2024
- Published in
- Not yet, as far as Semantic Scholar knows
- Shares when featured
- 3
- Identifier
- SSRN 4994384
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