Relative Influence of Push Attributes and Pull Factors on Corporate Debt Issuance

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Relative Influence of Push Attributes and Pull Factors on Corporate Debt Issuance

Many corporate events are self-selected, but the relative impact of internal (firm-specific) and external (environmental) influences on discretionary corporate decisions remains largely unknown. In this paper, focusing on corporate debt issuance, we apply the contemporary push-pull theory to establish whether bond issuance are pushed by the firms due to internal considerations, or pulled by the...

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ژورنال

عنوان ژورنال: International Journal of Economics and Finance

سال: 2011

ISSN: 1916-9728,1916-971X

DOI: 10.5539/ijef.v3n2p18