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The role of bond covenants and short-term debt: evidence from Brazil
This paper examines the relationship between covenants, short-term and long-term debt with companies which face growth opportunities. Using a sample of 159 Brazilian corporate bonds, we found evidence that: 1) Covenants ...
Capital humano e estrutura de capital: evidência de empresas brasileiras
This study verified jointly the determinants of capital structure and the effect of human capital cost on employee payment in Brazilian companies, based on the model of Berk, Stanton and Zechner (2010). As results, we could ...