The two faces of subsidized loans
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DOI: 10.1016/j.frl.2023.104149
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More about this item
Keywords
BNDES; Subsidized loans; Capital structure; Agency theory; Overinvestment;All these keywords.
JEL classification:
- G31 - Financial Economics - - Corporate Finance and Governance - - - Capital Budgeting; Fixed Investment and Inventory Studies
- G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
- G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
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