Ahmed, Amanj Mohamed; Nugraha, Deni Pandu; Hágen, István - In: Risks : open access journal 11 (2023) 6, pp. 1-17
Since it first appeared, agency theory has argued that debt can decrease agency issues between agent and principal and … relationship between capital structure and corporate performance. These findings provide proof to support the assumptions of agency … theory, which explains the association between capital structure and performance of firms. This study provides new …