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Title: Strategic use of corporate debt under product market competition : theory and evidence
Author: Lovisuth, Sasanee
ISNI:       0000 0004 2674 7604
Awarding Body: University of Bath
Current Institution: University of Bath
Date of Award: 2008
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Financial and industrial economists are increasingly recognising the interaction between capital structure and firms' strategies in the product market. A debate exists regarding the nature of the relationship between firms' product market power and financial leverage. Particularly, researchers have asked whether the relationship is positive, negative or non-linear. This thesis contributes to this research agenda by developing game-theoretic models, and conducting empirical tests. Specifically, the thesis examines the effects of market power on a firm's use of long-term debt.
Supervisor: Fairchild, Richard Sponsor: Not available
Qualification Name: Thesis (Ph.D.) Qualification Level: Doctoral
EThOS ID:  DOI: Not available
Keywords: product market competition ; capital structure