haku: @author Peyer, U. C. / yhteensä: 2
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Tekijä: | Peyer, U. C. Shivdasani, A. |
Otsikko: | Leverage and internal capital markets: evidence from leveraged recapitalizations |
Lehti: | Journal of Financial Economics
2001 : MAR, VOL. 59:3, p. 477-515 |
Asiasana: | Investments Capital markets Gearing |
Kieli: | eng |
Tiivistelmä: | The authors study the internal allocation of resources for diversified firms that complete a leveraged recapitalization. They show that firm value is positively related to investment's sensitivity to segment q and negatively related to investment's sensitivity to segment cash flow. |
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