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2013-05-23 12:21
求翻译：For example, Sharpe (1994) finds that the employment choices of firms with higher leverage ratios are more sensitive to the business cycle. He argues that this finding is consistent with both Titman (1984), whereby firms with less firm-specific human capital (which is presumably destroyed during liquidation) choose hig是什么意思？ 待解决
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For example, Sharpe (1994) finds that the employment choices of firms with higher leverage ratios are more sensitive to the business cycle. He argues that this finding is consistent with both Titman (1984), whereby firms with less firm-specific human capital (which is presumably destroyed during liquidation) choose hig
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