The Impact of Real Estate on Debt Usage Based on Cash Flow Percentiles
Debt utilization across the three different measures is positive, but not statistically significant. Table 4.14: Impact of BDDT on debt usage based on cash flow percentiles Independent variable Low OCF/TA Average OCF/TA OCF/TA high level (1) (2) (3) (4) (5) (6) (7) (8) (9) lata fdc ltd lata fdc ltd ...












