Corporate board vigilance and insolvency risk: a mediated moderation model of debt maturity and fixed collaterals
Studies indicate that a consistent rise in insolvency risk should be addressed at the strategic level. Vigilant boards can use leverage maturity structure as a tool to control insolvency risk. However, according to the information asymmetry theory, leverage acquisition is subject to the presence of...
Main Authors: | , , , , |
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Format: | Article |
Language: | English |
Published: |
Sciendo
2021-01-01
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Series: | International Journal of Management and Economics |
Subjects: | |
Online Access: | https://doi.org/10.2478/ijme-2020-0032 |