The zero-debt puzzle in BRICS countries : disentangling the financial flexibility and financial constraints hypotheses
Year of publication: |
2024
|
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Authors: | Saona, Paolo ; San Martín Mosqueira, Pablo ; Vallelado González, Eleuterio |
Published in: |
Emerging markets review. - Amsterdam [u.a.] : Elsevier, ISSN 1566-0141, ZDB-ID 2025643-7. - Vol. 61.2024, Art.-No. 101163, p. 1-33
|
Subject: | Zero leverage | BRICS | Financial flexibility | Financial restrictions | Capital structure | Bivariate probit model | Kapitalstruktur | BRICS-Staaten | BRICS countries | Probit-Modell | Probit model | Finanzmarkt | Financial market | Unternehmensfinanzierung | Corporate finance | Schätzung | Estimation |
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