The COVID-19 Impact on Corporate Leverage and Financial Fragility /
We study the impact of the COVID-19 recession on capital structure of publicly listed U.S. firms. Our estimates suggest leverage (Net Debt/Asset) decreased by 5.3 percentage points from the pre-shock mean of 19.6 percent, while debt maturity increased moderately. This de-leveraging effect is stronge...
| Главный автор: | |
|---|---|
| Другие авторы: | |
| Формат: | Журнал |
| Язык: | English |
| Опубликовано: |
Washington, D.C. :
International Monetary Fund,
2021.
|
| Серии: | IMF Working Papers; Working Paper ;
No. 2021/265 |
| Предметы: | |
| Online-ссылка: | Full text available on IMF |