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Showing 1 to 1 of 1 for “"leverage SOA"”.
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Determinants of corporate leverage adjustments: A cross-country analysis
… that firms are very likely to consider target leverage ratios when they issue new capital (Graham & Harvey, 2001). Albeit the dynamic trade-off theory predicts that firms have incentives to move toward target debt ratios by reducing any deviation from those targets (Frank & Goyal, 2009), due to …