Why Do U.S. Firms Hold So Much More Cash than They Used To?
Have Rating Agencies Become More Conservative? Implications for Capital Structure and Debt Pricing
1. What question(s) are the researchers trying to answer?
2. What methodology do they use?
3. What prior evidence is there from other studies in relation to this question?
4. What data sample and time period do they use?
5. What are their key findings?
6. What is different about the findings of this study relative to prior evidence?
7. What contribution do they make to the literature?