Labor Protection and Leverage

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Cash holdings and employee welfare (2013, unknown): “…costs of bankruptcy (Berk, Stanton, and Zechner, 2010), strategic bargaining with labor unions (Matsa, 2010), labor market size (Kim, 2012), the use of temporary workers (Kuzmina, 2012), unemployment risk (Agrawal and Matsa, 2013), and employment protection laws (Simintzi, Vig, and Volpin, 2015).”
Cash holdings and labor heterogeneity:the role of skilled labor (2017, unknown): “The results reported in Table IA.4 are consistent with this conjecture and recent evidence on the impact of firing costs on capital structure (e.g., Simintzi, Vig, and Volpin 2015; Serfling 2016).”
Firing Costs and Capital Structure Decisions (2016, unknown): “In a closely related paper, Simintzi, Vig, and Volpin (2015) find a negative relation between the debt ratios of firms in a number of countries and an index of country-level employment protection legislation.”
Carbon risk and corporate capital structure (2020, unknown): “16 structure, including size (Log(BA)), growth opportunities (MB/BA), profitability (EBIT/BA), and tangibility (PP&E/BA) (Graham et al. 2015; Leary & Roberts 2014; Rajan & Zingales 1995; Simintzi et al. 2014).”
Talent in Distressed Firms: Investigating the Labor Costs of Financial Distress (2018, background): “On the one hand, by removing the LIFO constraint, the law gave firms with less than 10 employees more operational flexibility, which may have increased debt capacity (Simintzi et al. 2014).”