Abe de Jong

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Strategic Debt: Evidence from Bertrand and Cournot Competition.

Xuất bản: 27 July, 2022

Abe de Jong, Thuy Thu Nguyen, Mathijs A. van Dijk, Abe de Jong, Thuy Thu Nguyen, Mathijs A. van Dijk

We investigate how competitive behavior affects the capital structure of a firm. Theory predicts that the impact of different types of output market uncertainty (in particular, unanticipated shocks in demand and costs) on a firm’s leverage depends...

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