The Effect of Risk Management on Direct and Indirect Capital Structure Deviations

This study explores the effect of risk management on capital structure deviations. Specifically, we innovatively classify capital structure deviations into direct and indirect deviations, with our classification being based on deviations resulting mainly from changes in either actual or target lever...

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Bibliographic Details
Main Authors: Xiaoyi Li, Yung-Ming Shiu
Format: Article
Language:English
Published: MDPI AG 2024-11-01
Series:Risks
Subjects:
Online Access:https://www.mdpi.com/2227-9091/12/12/186
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