Do stronger creditors’ rights and an efficient bankruptcy process affect the speed of adjustment to target capital structure? Evidence from a quasi-natural experiment
This study investigates the impact of the Insolvency and Bankruptcy Code (IBC) on the capital structure speed of adjustment (SOA) of Indian firms. The IBC, introduced in 2016, significantly enhanced creditors’ rights and streamlined the bankruptcy process, providing a quasi-natural experiment to ass...
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| Autori principali: | , , |
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| Natura: | Artigo |
| Lingua: | Inglês |
| Pubblicazione: |
Taylor & Francis Group
2024-12-01
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| Serie: | Cogent Economics & Finance |
| Soggetti: | |
| Accesso online: | https://www.tandfonline.com/doi/10.1080/23322039.2024.2394490 |
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