This week deals with capital structure, limits of debts and effect on firm value. To understand the theory, evidence of problems and how to deal with the problem, you will review this article and respond to the questions:
Cole, C., & Yan, Y., & Hemley, C. (2015). Does capital structure impact firm performance: An empirical study of three U.S. sectors. Journal of Accounting and Finance, 15(6), 57 – 65
Address the following questions as you read the article:
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