Results 131 to 140 of about 696,615 (344)
An Empirical Investigation of Debt Contract Design: The Determinants of the Choice of Debt Terms in Eurobond Issues [PDF]
This paper provides a comprehensive analysis of the determinants for the optimal choice of contract terms on Eurobonds issued by UK companies. We examine predictions of extant theories that associate the choice of debt features namely, maturity, call ...
Andrew Marshall +2 more
core
Effect of Prudential Policies on Sovereign Bond Markets: Evidence From the ASEAN‐4 Countries
ABSTRACT This paper examines the effects of prudential policies on the sovereign vulnerability of ASEAN‐4 countries. We measure sovereign vulnerability within the network connectedness of sovereign bonds between ASEAN‐4 countries (Indonesia, Malaysia, the Philippines and Thailand) and six other countries (the US, the UK, the European Union, China ...
Joshua Aizenman +4 more
wiley +1 more source
ABSTRACT This study investigates how the personal characteristics of finance ministers influence political budget cycles in Africa. Using a new dataset covering 300 finance ministers across 23 countries from 1980 to 2020, we find that political budget cycles primarily take the form of increased government consumption during election years.
Christine Olivia Strong
wiley +1 more source
[Retracted] Debt Maturity Structure and Firm Life Cycle: Empirical Evidence from Asean Countries
Rita Juliana
openalex +1 more source
Access to Long Term Debt and Effects on Firms' Performance: Lessons from Ecuador [PDF]
This paper documents the maturity structure of firms` debt in Ecuador and discusses how it has been affected by government intervention in credit markets and by financial liberalization.
Fabio Schiantarelli, Fidel Jaramillo
core
ESG Performance and Credit Risk: Evidence From Chinese Manufacturing Companies
ABSTRACT This study investigates the effect of corporate environmental, social, and governance (ESG) performance on credit risk using a sample of manufacturing firms listed on China's Shanghai and Shenzhen A‐share markets from 2009 to 2021. Employing fixed effects, the generalised method of moments, and instrumental variable models, we find that ...
Yanan Wang +4 more
wiley +1 more source
The level of uncertainty in developing countries is higher than in advanced economies. Uncertainty in developing countries increased significantly after the global financial crisis, but with it increased the supply of long-term external capital. Using International Debt Statistics of the World Bank and new index for uncertainty I found that state ...
openaire +1 more source
Full Dollarisation and Economic Performance Revisited
ABSTRACT This paper examines the economic performance of fully dollarised economies compared to those with alternative monetary regimes. Using an extensive dataset covering 192 countries from 1980 to 2021, we employ a variety of econometric techniques, including joint maximum likelihood and propensity score matching, to address endogeneity and ...
John Thornton, Chrysovalantis Vasilakis
wiley +1 more source

