U.S. Corporate Leverage: Developments in 1987 and 1988
THE YEARS 1987 and 1988 saw some dramatic developments in U.S. financial markets.The 1987 stock market crash was followed in 1988 by intense corporate restructuring activity, in...
THE YEARS 1987 and 1988 saw some dramatic developments in U.S. financial markets.The 1987 stock market crash was followed in 1988 by intense corporate restructuring activity, in...
ABSTRACT This paper presents evidence supporting the theory that problems of asymmetric information in debt markets affect financially unhealthy firms' ability to obtain outside...
h-index: Number of publications with at least h citations each.