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The impact of macroeconomic uncertainty on non-financial firms' demand for liquidity

โœ Scribed by Christopher F. Baum; Mustafa Caglayan; Neslihan Ozkan; Oleksandr Talavera

Book ID
116868932
Publisher
Elsevier Science
Year
2006
Tongue
English
Weight
163 KB
Volume
15
Category
Article
ISSN
1058-3300

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## Abstract We investigate the relationship between a firm's measures of corporate governance, macroeconomic uncertainty and changes in leverage. Recent research highlights the role of governance in financing decisions. Previous research also indicates that macroeconomic uncertainty affects a firm'