Article ID Journal Published Year Pages File Type
5089605 Journal of Banking & Finance 2012 11 Pages PDF
Abstract
► We examine the investment timing under debt issuance constraint. ► The investment thresholds have a U-shaped relation with the debt issuance constraint. ► The equity value is increasing with the debt issuance constraint.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
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