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What Do We Know About Capital Structure? Some Evidence from International Data

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NBER1994-10-01 更新2025-01-04 收录
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We investigate the determinants of capital structure choice by analyzing the financing decisions of public firms in the major industrialized countries. At an aggregate level, firm leverage is fairly similar across the G-7 countries. We find that factors identified by previous studies as correlated

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1994-10-01
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