The Moderating Role of Corporate Governance in the Relationship between Leverage and Firm Value: Evidence from the Korean Market

The Moderating Role of Corporate Governance in the Relationship between Leverage and Firm Value: Evidence from the Korean Market

This study examines the moderating function of corporate governance (CG) to the relationship between leverage and firm value (FV) using Korean market data. The study employs ordinary least-squares panel data regressions and two methods to manage endogeneity problems. The findings show a meaningful n...

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Bibliographic Details
Main Authors: Ana Belén Tulcanaza-Prieto, Younghwan Lee, Wendy Anzules-Falcones
Format: Article
Language:English
Published: MDPI AG 2024-01-01
Series:Risks
Subjects:
firm value
corporate governance
leverage
agency costs of debt
financial position
Online Access:https://www.mdpi.com/2227-9091/12/1/11

Internet

https://www.mdpi.com/2227-9091/12/1/11

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