The effects of financial leverage and debt maturity on the investments of Brazilian electric sector companies
Purpose – This research aimed to verify how companies of the electric energy segment choose levels of financial leverage and debt maturity in order to alleviate the underinvestment problem. Design/methodology/approach – A multiple linear regression was carried out in a dynamic panel model to verify...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Fundação Escola de Comércio Álvares Penteado
2019-07-01
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Series: | Revista Brasileira de Gestão De Negócios |
Subjects: | |
Online Access: | https://rbgn.fecap.br/RBGN/article/view/4004/pdf |