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Keywords: Bond ratings
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Journal Articles
International Journal of Managerial Finance (2021) 17 (1): 97–117.
Published: 18 June 2020
... is most evident among firms with low bond ratings and firms with low managerial ability – characteristics that are indicative of a firm's ability to access capital markets. Originality/value Better corporate governance of the firm is commonly associated with lower levels of cash. The findings...
