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Proactive Leverage Increases and The Value of Financial Flexibility

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  • David J. Denis
  • Stephen B. McKeon

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Suggested Citation

  • David J. Denis & Stephen B. McKeon, 2016. "Proactive Leverage Increases and The Value of Financial Flexibility," Journal of Applied Corporate Finance, Morgan Stanley, vol. 28(4), pages 17-28, December.
  • Handle: RePEc:bla:jacrfn:v:28:y:2016:i:4:p:17-28
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    File URL: http://hdl.handle.net/10.1111/jacf.2016.28.issue-4
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    Cited by:

    1. Sadiq, Misbah & Yousaf, Sheikh Usman & Anser, Muhammad Khalid & Rashid Khan, Haroon ur & Sriyanto, Sriyanto & Zaman, Khalid & Van Tu, Duong & Anis, Siti Nisrin Mohd, 2023. "The role of debt financing in the relationship between capital structure, firm’s value, and macroeconomic factors: To throw caution to the wind," The Quarterly Review of Economics and Finance, Elsevier, vol. 87(C), pages 212-223.
    2. Md. Rashidul Islam, 2024. "How to Achieve Financial Flexibility: the Role of Corporate Governance," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(2), pages 6541-6577, June.

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