Cost Stickiness and the Cost of Debt
碩士 === 國立成功大學 === 會計學系 === 102 === This paper offers the first empirical evidence that firms with sticker cost enjoy a higher cost of debt financing, proxied by at-issue yield spreads of bond offerings. Our finding is consistent with the argument that greater decrease in profits due to sticky costs...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | en_US |
| Published: |
2014
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| Online Access: | http://ndltd.ncl.edu.tw/handle/58584710455844150651 |