To Borrow or Not to Borrow? An Analysis of University Leverage Decisions
收藏NBER2016-02-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w21951
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资源简介：
This paper investigates the decisions of universities to issue debt. We test whether the expected value and uncertainty of a universitys nonfinancial income (the income generated by sources other than its endowment) affect its leverage (the ratio of the value of an institutions liabilities to the
提供机构：
美国国家经济研究局
创建时间：
2016-02-01
