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Does Corporate Social Responsibility Decrease the Impact of Leverage on Default Probability?

Published in Zenodo (CERN European Organization for Nuclear Research) • Dec 22, 2023
Authors:
Badayi S.A.
,
Bolaji T Matemilola
,
O.A. Thakur

Abstract

Abstract: This paper investigates the moderating effect of corporate social responsibility (CSR) on the relationship between leverage and default probability in developing countries. The paper uses panel data comprising of four hundred and ninety-six listed firms from seventeen developing countries ...

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