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...

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Bibliographic Details
Main Authors: Lee, Karren -Hwei Khaw, Lee, Benjie Chien Jiang
Format: Article
Language:English
Published: Asian Academy of Management (AAM) 2016
Subjects:
Online Access:http://eprints.usm.my/37373/1/aamjaf120s16_01.pdf