A Century of Capital Structure: The Leveraging of Corporate America
收藏NBER2014-02-01 更新2025-01-04 收录
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https://www.nber.org/papers/w19910
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Unregulated U.S. corporations dramatically increased their debt usage over the past century. Aggregate leverage - low and stable before 1945 - more than tripled between 1945 and 1970 from 11% to 35%, eventually reaching 47% by the early 1990s. The median firm in 1946 had no debt, but by 1970 had a
提供机构:
美国国家经济研究局
创建时间:
2014-02-01



