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Author

Buket Alkan

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Open access Sep 2026

CORPORATE INDEBTEDNESS AND INVESTMENT: EVIDENCE FROM TURKISH-LISTED FIRMS

This paper examines how firm-level investment responds to corporate indebtedness following financial shocks. We treat the 2008 Global Financial Crisis as an experiment and analyze a panel of listed Turkish non-financial firms over 2004–2021. We find that firms with higher leverage entering the crisis invested significa...

Buket Alkan, Serkan Demirkılıç · 0 citations

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