Corporate Debt Overhang and Investment : Firm-Level Evidence
This paper investigates empirically the linkages between corporate debt overhang and investment activity at the firm level for a cross section of large-sized emerging market and developing economies. It analyzes the extent to which investment may b...
| Main Authors: | , |
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| Format: | Working Paper |
| Language: | English |
| Published: |
World Bank, Washington, DC
2018
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/481931534337937622/Corporate-debt-overhang-and-investment-firm-level-evidence http://hdl.handle.net/10986/30243 |