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...

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Bibliographic Details
Main Authors: Richard Saito, Cláudio R. Lucinda
Format: Article
Language:English
Published: Brazilian Society of Finance 2005-12-01
Series:Revista Brasileira de Finanças
Subjects:
Online Access:http://virtualbib.fgv.br/ojs/index.php/rbfin/article/view/1149