Is there a CSI-leverage nexus?
We examine how various measures of consumer sentiment index (CSI) affect firms' debt policy decisions. Using U.S. firm-level quarterly data from 1993 to 2017, we provide a strong positive relationship between CSI measures and corporate debt policy, implying that firms use external borrowing dur...
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| Main Authors: | , , , |
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| Format: | Article |
| Published: |
Elsevier Inc.
2023
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| Online Access: | http://scholars.utp.edu.my/id/eprint/37334/ https://www.scopus.com/inward/record.uri?eid=2-s2.0-85165354807&doi=10.1016%2fj.irfa.2023.102799&partnerID=40&md5=aa4b51e06db056f17bcbcaf3ebed04c5 |
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