Purpose: This study investigates if the widely held predictors of corporate leverage exhibit predictive consistency through times and across countries amidst country heterogeneities such as legal principles, state of economic development and protection of investors’ rights....

Purpose: The purpose of this paper is to investigate the cross-impact of leverage and performance for firms operating in the developed and frontier bank-based economies. Design/methodology/approach: This study uses annual panel data for a sample of 400 firms over a period of 27 years from 1990...