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The leverage-value relationship puzzle: An industry effects resolution

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  • Aggarwal, Raj
  • Zhao, Xinlei

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  • Aggarwal, Raj & Zhao, Xinlei, 2007. "The leverage-value relationship puzzle: An industry effects resolution," Journal of Economics and Business, Elsevier, vol. 59(4), pages 286-297.
    • Handle: RePEc:eee:jebusi:v:59:y:2007:i:4:p:286-297
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    8. Jianjun Miao, 2005. "Optimal Capital Structure and Industry Dynamics," Journal of Finance, American Finance Association, vol. 60(6), pages 2621-2659, December.
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    14. Armen Hovakimian, 2004. "The Role of Target Leverage in Security Issues and Repurchases," The Journal of Business, University of Chicago Press, vol. 77(4), pages 1041-1072, October.
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    20. Peter MacKay & Gordon M. Phillips, 2002. "Is There an Optimal Industry Financial Structure?," NBER Working Papers 9032, National Bureau of Economic Research, Inc.
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    Cited by:

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    3. Alessandro Fiaschi, 2009. "Managerial discretion and optimal financing policies with cash flow uncertainty," Working Papers 3, Doctoral School of Economics, Sapienza University of Rome.
    4. Zaheda Daruwala, 2023. "Influence of Financial Leverage on Corporate Profitability: Does it Really Matter?," International Journal of Economics and Financial Issues, Econjournals, vol. 13(4), pages 37-46, July.

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