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Debt-maturity, corporate diversification and relatedness
被引:1
|作者:
La Rocca, Tiziana
[1
]
机构:
[1] Univ Calabria, Dept Business Adm, I-87036 Arcavacata Di Rende, Italy
关键词:
DETERMINANTS;
D O I:
10.1080/13504851003689635
中图分类号:
F [经济];
学科分类号:
02 ;
摘要:
The aim of this study is to analyse the financing choices of multibusiness firms, in terms of debt-maturity. The results suggest that the degree of product diversification and the direction of diversification (related or unrelated) translate into different corporate financial behaviours. In particular, diversification related or unrelated had opposite effects on debt-maturity; the former strategy has a negative effect whereas the latter has a positive influence on debt-maturity.
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页码:395 / 398
页数:4
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