ESSAYS ON THE IMPACT OF NON-FINANCIAL STAKEHOLDERS ON FIRMS’ FINANCING POLICIES
In this thesis we investigate whether firms’ relationships with non-financial stakeholders affect their financing policies. We find that the firms that place a higher value on reputation for treating employees generously maintain lower debt ratios. Furthermore, we find that the firms whose business...
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| Language: | en en |
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2011
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| Online Access: | http://hdl.handle.net/1974/6372 |