Profitability and Financial Leverage: Evidence from a Quasi-Natural Experiment

Keyphrases

• Financial Leverage 100%
• Quasi-natural Experiment 100%
• Treatment Duration 50%
• Capital Structure 50%
• New Targets 50%
• Target Firms 50%
• Large Firms 50%
• Market Power 50%
• Adjustment Costs 50%
• Small Firms 50%
• Dynamic Trade-off 50%
• Pre-shock 50%

Economics, Econometrics and Finance

• Capital Structure 100%
• Large Firm 33%
• Adjustment Costs 33%