search query: @author Lord, R.A. / total: 2
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| Author: | Lord, R.A. Farr, W.K. |
| Title: | Collusion and financial leverage: an analysis of the integrated mill steel industry |
| Journal: | Financial Management
2003 : SPRING, VOL. 32:1, p. 127-148 |
| Index terms: | Capital structure of companies Gearing Steel industry |
| Freeterms: | Collusion |
| Language: | eng |
| Abstract: | The authors show that firms can design their capital structure to provide a publicly observable indication of compliance with a collusive agreement. They develop two empirically testable hypotheses based on this argument and test these propositions on data for seven integrated mill steel firms. |
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