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Keywords: Speed of adjustment
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Journal Articles
National culture and leverage adjustments
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Journal:
Review of Behavioral Finance
Review of Behavioral Finance (2022) 14 (3): 410–435.
Published: 19 March 2021
...Svetlana Orlova; Grant Harper Purpose The purpose of this paper is to explore the impact of national culture on leverage speed of adjustment (SOA) across countries. Design/methodology/approach We use a partial adjustment model to estimate the impact of national culture (assessed using...
