The Strategic Value of Leverage : An Exploratory Study

Publication Year:
1992
Usage 205
Downloads 200
Abstract Views 5
Repository URL:
https://scholar.smu.edu/business_workingpapers/157
Author(s):
Guedes, Jose C.; Opler, Tim C.
Tags:
oligopolistic collusion; predation; debt; Business
article description
The capital structures of firms were analyzed from 1989 data housed in the Computstat files to assess the role of debt in strategic interactions between firms in the product market. The study shows no significant role for leverage.