Leverage adjustment after mergers and acquisitions
© 2015 AFAANZ. Australian firms have leverage targets. Speeds of adjustment to a target capital structure are higher than previously published estimates when there are major disruptions to firms' leverage ratios. Firms exploit company-specific characteristics to achieve these targets. Profitabi...
| Main Authors: | , , |
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| Format: | Journal Article |
| Published: |
Blackwell Publishing
2015
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| Online Access: | http://hdl.handle.net/20.500.11937/32511 |