Saona et al., 2023 - Google Patents

The phenomenon of zero-leverage policy: Literature review

Saona et al., 2023

Document ID
12152002865538015845
Author
Saona P
Muro L
Gregoriou A
Publication year
Publication venue
Research in International Business and Finance

External Links

Snippet

One of the most puzzling, stylized facts in modern corporate finance is that many companies worldwide persistently follow a zero-debt or almost-zero-debt policy. This paper reviews the literature on this puzzling policy. We survey articles published in the Web of Science and the …
Continue reading at www.sciencedirect.com (other versions)

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