Results 101 to 110 of about 628,161 (304)
Journal of Business Economics and Management, 2017 Improvements in transparency at the country level have modified the relevance of bank debt maturity as a control mechanism. The novelty of this research is that we provide empirical evidence that the maturity of bank borrowing is contingent on the ...
Eleuterio Vallelado +2 more
doaj +1 more source
Early-Stage Globalization and Corporate Debt Maturity: The Case of South Korea, 1980-94 [PDF]
Using data from publicly traded South Korean corporations for the period 1980-94, this paper finds evidence that increases in financial liberalization that accompanied the more general process of financial globalization have significantly reduced the ...
Federico Guerrero
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Supply Chain Network, ESG Scores and Financial Performance
Business Strategy and the Environment, EarlyView.ABSTRACT This paper provides novel evidence on the role of supply chain networks in influencing firms' environmental, social and governance (ESG) scores and financial performance. Our analysis employs financial, board, ESG and supply chain data, resulting in an unbalanced panel of over 16,000 firm‐year observations from 3028 publicly traded US firms ...
Michail Filippidis +2 more
wiley +1 more source
The Determinants of the Debt Maturity Decision for Real Estate Investment Trusts [PDF]
This research uses the maturity of incremental bond issues and the weighted-average maturity of all outstanding debt and tests various theories from the corporate debt maturity literature to discover if real estate investment trust (REIT) debt maturity ...
Michael J. Highfield +2 more
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Business Strategy and the Environment, EarlyView.ABSTRACT This study examines whether CEO risk orientation shapes environmental sustainability disclosure (ESD) and how institutional constraints condition this relationship. We argue that environmental disclosure constitutes a strategic exposure decision because greater transparency can increase regulatory scrutiny and stakeholder pressure.
Muhammad Jameel Hussain +3 more
wiley +1 more source
The Long And The Short Of Emerging Market Debt [PDF]
Emerging economies have tried to promote long-term debt since it reduces maturity mismatches and the probability of crises. This paper uses unique evidence from the leading case of Chile to study to what extent there is domestic demand for long-term ...
Sergio Schmukler +2 more
core +2 more sources
Debt Maturity: Is Long-Term Debt Optimal? [PDF]
We model and calibrate the arguments in favor and against short-term and long-term debt. These arguments broadly include: maturity premium, sustainability, and service smoothing.
Laura Alfaro, Fabio Kanczuk
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Climate Stress Testing on European SME Securitised Loans Under Climate Mitigation Scenarios
Business Strategy and the Environment, EarlyView.ABSTRACT Assessing the future impact of climate risks on the probability of default (PD) of small and medium enterprises (SMEs) is challenging due to limited disclosure, policy uncertainty and exposure to physical risks. This paper addresses this gap by integrating macroeconomic variables from the Network for Greening the Financial System (NGFS ...
Luca Zanin, Raffaella Calabrese
wiley +1 more source
Debt covenant and financial intermediation: how debt characteristics shape earnings management in Vietnam [PDF]
Journal of Economics and DevelopmentPurposeThis study refines debt covenant, financial intermediation and information economics theories by examining how debt maturity and sources shape earnings management (EM) in emerging markets.Design/methodology/approachUsing Vietnam’s bank-dominated ...
Cong Phuong Nguyen +1 more
doaj +1 more source
Does Debt Maturity Matter for Investment Decisions? [PDF]
In the conventional literature related to investment decisions, less attention has been paid to the length of maturity when investment is debt-financed. In such a case a firm pays the creditor not only the sum of annual interest (initial investment cost ...
Doina Maria Radulescu, Chang Woon Nam
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