Does managerial discretion affect debt maturity in Chilean firms? An agency cost and asymmetric information approach
We address debt maturity determinants for Chilean firms using data whose information was drawn from the Longitudinal Survey of Companies (ELE). Results from pooled Tobit regressions indicate that for firms with high growth opportunities, managerial discretion will encourage longer debt...
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| Publicado en: | Ecos de Economía |
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| Autores principales: | , |
| Formato: | Artigo |
| Lenguaje: | Inglês |
| Publicado: |
Universidad EAFIT
2016
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| Materias: | |
| Acceso en línea: | https://www.redalyc.org/articulo.oa?id=329048837004 https://www.redalyc.org/journal/3290/329048837004/ https://www.redalyc.org/journal/3290/329048837004/html/ https://www.redalyc.org/journal/3290/329048837004/329048837004.epub https://www.redalyc.org/journal/3290/329048837004/movil |
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