We propose that the behavioral theory of the firm perspective on R & D search requires
modification when applied to “communitarian” cultures such as Japan because reciprocity …

Extant theories agree that debt should inhibit diversification but predict opposing
performance consequences. While agency theory predicts that debt should lead to higher …

Over the past half century, there has been an increasing interest on identifying the factors
influencing debt financing within corporations. Based on available literature, both from …

This article investigates the moderating role of board independence in the relationship
between debt financing and performance of emerging market firms. We have used an …

abstract Existing literature suggests that both state ownership and debt have detrimental
performance consequences in transition economies. Paradoxically, however, we contend …

How does institutional quality affect firm performance? We examine the effect of various
measures of institutions on firm productivity, using a rich micro level data on manufacturing …

There is little evidence on the effect of banking development on firm creation in the small firm
sector. This paper examines whether differences in banking sector penetration across Indian …

The study investigates the association between debt financing and corporate innovation in
Chinese listed firms from 2007–2017. It also examines the interplay of market competition …

This study sought to examine the effect of debt financing on the financial performance of
companies listed at the Nairobi Securities Exchange. The objective of the study was to …

This research uses difference-in-difference (DID) and other empirical methods to analyze
firm-level real estate data to discover how heterogeneous firm characteristics affect …