Rawal, Dilesh; Mahakud, Jitendra; Mishra, Rohan Kumar - In: Cogent economics & finance 12 (2024) 1, pp. 1-13
This study investigates the impact of the Insolvency and Bankruptcy Code (IBC) on the capital structure speed of … adjustment (SOA) of Indian firms. The IBC, introduced in 2016, significantly enhanced creditors' rights and streamlined the … into over-leveraged (treatment) and under-leveraged (control) groups. Our findings reveal that the IBC significantly …