search query: @author Korajczyk, R. A. / total: 5
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| Author: | Korajczyk, R. A. Levy, A. |
| Title: | Capital structure choice: macroeconomic conditions and financial constraints |
| Journal: | Journal of Financial Economics
2003 : APR, VOL. 68:1, p. 75-109 |
| Index terms: | Capital structure of companies Business cycles |
| Freeterms: | Financial constraints |
| Language: | eng |
| Abstract: | The results of this study support the hypothesis that unconstrained firms time their choice to coincide with periods of favourable macroeconomic conditions, while constrained firms do not. |
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