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Closely held firms where managers and insiders hold a

Insider Holdings and Leverage

Closely held firms (where managers and insiders hold a substantial portion of the outstanding stock) are less likely to increase leverage quickly than firms with widely dispersed stockholdings.

a. True

b. False

Please Explain.

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Accounting Basics: Closely held firms where managers and insiders hold a

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Accounting Basics: Closely held firms where managers and insiders hold a

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