Debt Structure of Public Brazilian Companies: an Empirical Study
This article examines the major determinants of private and public issues of debt decisions by public traded companies on the Sao Paulo exchange. The major findings include that companies with higher fixed assets in proportion to fixed assets and thus subject to higher liquidation costs tend to fina...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Brazilian Society of Finance
2005-12-01
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Series: | Revista Brasileira de Finanças |
Subjects: | |
Online Access: | http://virtualbib.fgv.br/ojs/index.php/rbfin/article/view/1149 |