Corporate Governance, Debt, and Investment Policy during the Great Depression
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We study a period of severe disequilibrium to investigate whether board characteristics are related to corporate investment, debt usage, and firm value. During the 1930-1938 Depression era, when the corporate sector was shocked by an unprecedented downturn, we document a relation between board
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美国国家经济研究局创建时间：
2011-09-01
