Does the relation between information quality and capital structure vary with cross-country institutional differences?

Prior research based on U.S. data finds that firms with better information quality raise more equity whereas firms with poorer information quality prefer to issue debt when they seek external financing. Little is known about whether the same conclusion holds outside the U.S. and how the country-leve...

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Bibliographic Details
Main Authors: CHEN, Jeff Zeyun, Chee Yeow LIM, LOBO, Gerald J.
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2016
Subjects:
Online Access:https://ink.library.smu.edu.sg/soa_research/1563
https://ink.library.smu.edu.sg/context/soa_research/article/2590/viewcontent/RelationBetweenInformationQualityCapitalStructure_2016_jiar_afv.pdf
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Institution: Singapore Management University
Language: English