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~isPartOf:"Boston College Working Papers in Economics"
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Capital Structure Adjustments: Do Macroeconomic and Business Risks Matter?
Baum, Christopher
;
Caglayan, Mustafa
;
Rashid, Abdul
-
Department of Economics, Boston College
-
2013
firm-specific risk is low and when
macroeconomic
risk
is high. Firms with financial deficits and below-target leverage …
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