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Non-Linear Relationship between Growth Opportunities and Bank Debt: A Panel Data An alysis of Chilean Firms

The aim of this paper is to analyze to what extent business growth opportunities influence decisionson bank debt. This objective is addressed by considering both the arguments of the positive agency theory and the institutional characteristics of the Chilean financial system. An empirical analysis c...

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Pubblicato in:Academia. Revista Latinoamericana de Administración
Autori principali: Mauricio Jara Bertin, Marta Moreno Warleta, Paolo Saona Hoffmann
Natura: Artigo
Lingua:Inglês
Pubblicazione: Consejo Latinoamericano de Escuelas de Administración 2012
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Accesso online:https://www.redalyc.org/articulo.oa?id=71624352005
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