Sinha, Paritosh Chandra; Ghosh, Santanu Kumar - In: The IUP Journal of Applied Finance 19 (2013) 1, pp. 51-71
In explaining the dynamics of corporate Reserve Debt Capacity (RDC) at its utilization and creation of the high-risk and low-risk RDC by the high-value and low-value firms, the present paper seeks to put forward a new theory in literature. Utilizing the concept of suboptimality at firms’...