Corporate Debt Overhang and Investment : Firm-Level Evidence

This paper investigates empirically the linkages between corporate debt overhang and investment activity at the firm level for a cross section of large-sized emerging market and developing economies. It analyzes the extent to which investment may b...

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Bibliographic Details
Main Authors: Borensztein, Eduardo, Ye, Lei Sandy
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2018
Subjects:
Online Access:http://documents.worldbank.org/curated/en/481931534337937622/Corporate-debt-overhang-and-investment-firm-level-evidence
http://hdl.handle.net/10986/30243

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