Does the inverted U-shape between corporate indebtedness and investment hold up for emerging markets? Evidence from Türkiye
While corporate indebtedness has increased substantially in emerging countries over the last decade, the literature on the negative consequences of this large build-up of debt on real consequences is very limited. In addition, they provide mixed results and suffer from the lack of representativeness...
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| Format: | Article |
| Language: | English |
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Elsevier
2023-12-01
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| Series: | Borsa Istanbul Review |
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| Online Access: | http://www.sciencedirect.com/science/article/pii/S2214845023001357 |