Debt Maturity, Underinvestment Problem And Corporate Value
This study examines how Malaysian public listed firms with low and high corporate values use debt maturity as a tool to mitigate underinvestment problem. This study employs panel data methodology instead of the commonly used pooling regression. Results show that firms with low Tobin's Q rati...
Main Authors: | , |
---|---|
Format: | Article |
Language: | English |
Published: |
Asian Academy of Management (AAM)
2016
|
Subjects: | |
Online Access: | http://eprints.usm.my/37373/1/aamjaf120s16_01.pdf |