Keywords: Corporate leverage
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Journal Articles
International Journal of Emerging Markets (2024) 19 (2): 435–455.
Published: 23 June 2022
... sales) and country-level integration (i.e. credit and equity market integration) on corporate leverage. The resource-based theory asserts that firms tend to optimally utilize their resources so as to give them a competitive advantage, thereby leading to superior performance (Wernerfelt, 1984). MNCs...

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