Browsing by Author "4c35a543-9fab-4404-98fd-e940539c8018"
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Capital Structure and Macroeconomic Conditions: Evidence from Canada
Xu, Xiaoxi (2022-04-14)This paper examines the impact of macroeconomic conditions on the capital structure adjustment speed. Using a sample of Canadian firms listed on the Toronto Stock Exchange between 1981 and 2020, I document that firms adjust ...