دانلود مقاله لاتین با عنوان ارتبط تغییرات اهرم مالی با ادغام شرکتها

  Abstract We empirically examine whether firms increase financial leverage following mergers. Firms could increase financial leverage either because of an increase in debt capacity or because of unused debt capacity from pre-merger years. We find that financial leverage of combined firms increases significantly following mergers. A cross-sectional analysis shows that the change in financial leverage around mergers is significantly positively correlated with the announcement period ma ...