A Century of Capital Structure: The Leveraging of Corporate America

John R. Graham, Mark T. Leary & Michael R. Roberts
Published Date
Copyright 2015
DOI 10.1016/j.jfineco.2014.08.005
CONFERENCE HELD April 5-6, 2013
Book: New Perspectives on Corporate Capital Structure
Book organizers: Viral V. Acharya, Heitor Almeida & Malcolm Baker
PUBLISHER: Journal of Financial Economics 118(3)

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Macroeconomics
Money and Interest Rates
Fiscal Policy
Financial Economics
Corporate Finance

Published From Paper

A Century of Capital Structure: The Leveraging of Corporate America
- Working Paper
Unregulated U.S. corporations dramatically increased their debt usage over the past century. Aggregate leverage - low...

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