Does the institutional framework affect the relationship between debt financing and firm performance in emerging countries?

dc.contributor.authorSener, Pinar
dc.contributor.authorAkben Selçuk, Elif
dc.contributor.authorDidin-Sonmez, Fatma
dc.date.accessioned2025-10-29T12:08:03Z
dc.date.issued2021
dc.departmentFakülteler, İşletme Fakültesi, İşletme Bölümü
dc.description.abstractThis paper investigates the impact of debt financing on firm performance and how this relationship is affected by the institutional framework in 14 emerging countries. The results show a negative relationship between debt financing and firm performance. However, this negative relationship is reversed in countries with better credit market regulations and more efficient legal systems. © 2021 Elsevier B.V., All rights reserved.
dc.identifier.doi10.1080/13504851.2020.1784382
dc.identifier.endpage871
dc.identifier.issn1466-4291
dc.identifier.issn1350-4851
dc.identifier.issue10
dc.identifier.scopus2-s2.0-85087356476
dc.identifier.scopusqualityQ2
dc.identifier.startpage866
dc.identifier.urihttps://doi.org/10.1080/13504851.2020.1784382
dc.identifier.urihttps://hdl.handle.net/20.500.14854/14283
dc.identifier.volume28
dc.indekslendigikaynakScopus
dc.language.isoen
dc.publisherRoutledge
dc.relation.ispartofApplied Economics Letters
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.snmzKA_Scopus_20251020
dc.subjectDebt financing
dc.subjectemerging countries
dc.subjectfirm performance
dc.subjectinstitutional framework
dc.titleDoes the institutional framework affect the relationship between debt financing and firm performance in emerging countries?
dc.typeArticle

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