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BRI DataLab: an AI-assisted research platform for Chinese infrastructure finance. [PDF]
Koshy SS.
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Payday Loan Use Among People With Lived and Living Experience of Substance Use. [PDF]
Laing A +4 more
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Selective strategic adaptation and structural trade-offs in a public traditional Chinese medicine hospital under China's national performance appraisal: a longitudinal study. [PDF]
Du X, He C, Zhang D, Wang Z, Zhao M.
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Measuring the Agency Cost of Debt
The Journal of Finance, 1992ABSTRACTWe adapt a contingent claims model of the firm to reflect the incentive effects of the capital structure and thereby to measure the agency costs of debt. An underlying model of the firm and the stochastic features of its product market are analyzed and an optimal operating policy is chosen.
Mello, Antonio S, Parsons, John E
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The Costs of Corporate Debt Overhang
SSRN Electronic Journal, 2020Firms with debt overhang, measured as total borrowing to cash-flow, experience 2% slower asset growth during ordinary times and up to 3% slower growth during a crisis, compared to similar firms without debt overhang. These patterns extend to a firm's growth in employment and capital expenditures.
Kristian Blickle, João A.C. Santos
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2001
This paper proposes a practical way of estimating the cost of risky debt for use in the cost of capital. The cost of debt is different from both the promised yield and the risk-free rate, which are sometimes used for this purpose, because of the expected probability of default. The Merton (1974) model of risky debt is employed to decompose the promised
Ian Anthony Cooper, Sergei Davydenko
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This paper proposes a practical way of estimating the cost of risky debt for use in the cost of capital. The cost of debt is different from both the promised yield and the risk-free rate, which are sometimes used for this purpose, because of the expected probability of default. The Merton (1974) model of risky debt is employed to decompose the promised
Ian Anthony Cooper, Sergei Davydenko
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International Conference On Research And Development (ICORAD), 2020
This study aims to analyze the cost of debt which is influenced by family ownership and institutional ownership. The total population of 193 manufacturing companies listed on the IDX in 2016 and 2020 with a sample size of 108 through purposive sampling.
Lilis Fidiyawati +2 more
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This study aims to analyze the cost of debt which is influenced by family ownership and institutional ownership. The total population of 193 manufacturing companies listed on the IDX in 2016 and 2020 with a sample size of 108 through purposive sampling.
Lilis Fidiyawati +2 more
openaire +1 more source

