The impact of firm-specific employment protection on capital structure, performance and firm survival. KU Leuven
This project empirically explores the impact of firm-specific employment protection on several key issues in corporate finance: capital structure, firm performance and firm survival. These issues are studied within a large Belgian dataset including both SMEs and large firms. The project's main contributions are that:
- it uses firm-specific measures of employment protection, while most existing studies use a country-specific ...