To What Extent Does the Interest Burden Affect Firm Survival? Evidence from a Panel of UK Firms during the Recent Financial Crisis

Using a panel of mainly unquoted UK firms over the period 2000–09, we document a significant effect of changes in the interest burden from debt‐servicing on firm survival. The effect is found to be stronger during the recent financial crisis compared with more tranquil periods. Furthermore, the surv...

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Veröffentlicht in:	Oxford bulletin of economics and statistics 2016-08, Vol.78 (4), p.576-594
Hauptverfasser:	Guariglia, Alessandra, Spaliara, Marina-Eliza, Tsoukas, Serafeim
Format:	Artikel
Sprache:	eng
Schlagworte:	Cost reduction Economic crisis Estimating techniques Interest rates Management of crises Policy making Studies United Kingdom
Online-Zugang:	Volltext
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