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The aim of this study is to analyse the impact of corporate financial structure on a firm's export propensity, especially that of small and medium-sized enterprises (SMEs). The paper contributes to the literature concerned with the relationship between exports and financial constraints from the...
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model and produced results that are consistent with pecking order prediction. Financing behavior varies with financial …
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This study examines the impact of debt financing on the productivity of capital invested and the mediating role of … corporate investment using data from manufacturing firms in China, Japan and the United States. We find that firms that use more … to underinvestment problem. Furthermore, we documented that the use of debt financing has a positive impact on the …
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Any critical analysis of the corporate financial distress of listed firms in international exchange would be incomplete without a serious dissection at the industry level, because of the different levels of risks concerned. This paper considers the financial distress of listed firms at the...
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