Mo Tran Thi; Ha Hoang Thi Thu; Diep Nguyen Thi Thanh - In: Cogent business & management 10 (2023) 2, pp. 1-19
This paper investigates the impact of firm leverage on its investment activities. Especially, the research is conducted … between corporate leverage and investment. Regarding methodology, we build the two main types of econometric models … (three levels of leverage) for investment: observation unit, firm level, and industry level. We find that debt used in a firm …