Submitted on: 16 June 2020.
Revised on: 09 October 2020.
Accepted on: 11 November 2020.
___________________JOURNAL OF CORPORATE FINANCE---ELSEVIER
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Submitted on: 26 January 2025.
Revised on: 26 March 2025.
Accepted on: 04 May 2025.
___________________JOURNAL OF CORPORATE FINANCE---ELSEVIER
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