Please use this identifier to cite or link to this item: https://hdl.handle.net/2440/19287
Type: Thesis
Title: Diversification and debt : Australian evidence / Jean Milva Canil.
Author: Canil, Jean
Issue Date: 1998
School/Discipline: School of Commerce
Abstract: Focuses on the association between diversification and debt, and concurrent shareholder wealth effects for Australian firms, in order to answer the question of why firms diversify. Whilst not directly answering the question, the thesis shows that diversified firms have relatively more long-term and unsecured debt, and do not need to provide the same level of debt protection as specialised firms in order to sell their debt. If offering debt protection is costly, then the benefits of having the capacity to issue safe debt may partly explain why corporate diversification exists.
Dissertation Note: Thesis (Ph.D.)--University of Adelaide, School of Commerce, 1999
Description: Bibliography: leaves 221-231.
xiii, 234 leaves : leaves ; 30 cm.
Provenance: This electronic version is made publicly available by the University of Adelaide in accordance with its open access policy for student theses. Copyright in this thesis remains with the author. This thesis may incorporate third party material which has been used by the author pursuant to Fair Dealing exception. If you are the author of this thesis and do not wish it to be made publicly available or If you are the owner of any included third party copyright material you wish to be removed from this electronic version, please complete the take down form located at: http://www.adelaide.edu.au/legals
Appears in Collections:Research Theses

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