|
|||||
|
|
Why leverage does not always deliver: Lessons from the performance of the top 50 industrial firms in Greece during the Great Depression |
|
| Authors: | Ioanna-Sapfo Pepelasis Stefanos Zarkos Constantine Aivalis |
| Institution: | 1. Department of Economics, Athens University of Economics and Business, Athens, Greeceipepelasis@aueb.gr ioannasapfopepelasis@gmail.com;3. ALBA Graduate Business School, American College of Greece, Athens, Greece;4. Independent consultant and former research director at ICAP Group, Athens, Greece |
| Abstract: | |
| Keywords: | Great Depression large Greek industrial firms business leaders performance debt and operating leverage panel data analysis |