Yazdanfar, Darush; Öhman, Peter - In: The Journal of Risk Finance 16 (2015) 1, pp. 102-118
Purpose – The purpose of this study is to examine the relationship between debt level and performance among small and medium-sized enterprises (SMEs). Design/methodology/approach – Unlike the vast majority of previous research, this study uses three-stage least squares (3SLS) and...