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Full-Text Articles in Business
The Strategic Value Of Leverage : An Exploratory Study, Jose C. Guedes, Tim C. Opler
The Strategic Value Of Leverage : An Exploratory Study, Jose C. Guedes, Tim C. Opler
Historical Working Papers
The capital structures of firms were analyzed from 1989 data housed in the Computstat files to assess the role of debt in strategic interactions between firms in the product market. The study shows no significant role for leverage.