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- W3125522581 abstract "We investigate the relationship between a firm's measures of corporate governance, macroeconomic uncertainty and changes in leverage. Recent research highlights the role of governance in financing decisions. Previous research also indicates that macroeconomic uncertainty affects a firm’s ability to borrow. In this paper we investigate how both these channels of influence affects firms' financing decisions. Our findings show that macroeconomic uncertainty has an important role to play, both by itself and in interaction with a measure of corporate governance." @default.
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- W3125522581 date "2008-08-18" @default.
- W3125522581 modified "2023-09-27" @default.
- W3125522581 title "The Impact of Macroeconomic Uncertainty on Firms' Changes in Financial Leverage" @default.
- W3125522581 hasPublicationYear "2008" @default.
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