Results 271 to 280 of about 188,213 (299)

Debt Maturity, Leverage, and Political Uncertainty

SSRN Electronic Journal, 2018
Abstract This study investigates the effects of political uncertainty (PU) on corporate debt maturity and leverage using a novel measure of firm-specific PU. We find that PU is negatively associated with debt maturity and leverage. Furthermore, the negative effects of PU on debt maturity and leverage are more pronounced for firms with greater ...
Wei-Fong Pan, Xinjie Wang, Shanxiang Yang   +2 more
openaire   +1 more source

The Maturity Structure of Corporate Debt

The Journal of Finance, 1995
ABSTRACTWe provide an empirical examination of the determinants of corporate debt maturity. Our evidence offers strong support for the contracting‐cost hypothesis. Firms that have few growth options, are large, or are regulated have more long‐term debt in their capital structure.
Barclay, Michael J, Smith, Clifford W, Jr   +1 more
openaire   +1 more source

Investment, Implicit Debt Targets and Debt Maturity

2022
We analyse industrial firms’ financial policies by modelling investment and debt issuances as endogenous variables. In our setup, firms issue costly short-and long-term debt to cover their capital expenditure. This strategy does not assume the existence of explicit debt targets but allows the recovery of implicit debt targets from firms’ investment and
Dia, Enzo, Rispoli, Marco
openaire   +1 more source

Debt composition and debt maturity: the evidence

1999
Abstract In the absence of informational asymmetries, expectations failures and market imperfections, the ideal debt instrument would be negatively indexed to public spending and positively indexed to productivity or output. Shiller (1993, ch. 4) suggests issuing debt positively indexed to output as the socially optimal solution. This
openaire   +1 more source

Debt Maturity and Firm Maturity

SSRN Electronic Journal, 2012
Zilong Liu, John Harris Thornton
openaire   +1 more source

Systematic risk, debt maturity, and the term structure of credit spreads

Journal of Financial Economics, 2021
Hui Chen, Jun Yang
exaly  

Determinants and consequences of debt maturity structure: A systematic review of the international literature

International Review of Financial Analysis, 2022
Solomon Opare, Md. Borhan Uddin Bhuiyan, Ahsan Habib   +2 more
exaly  

Asymmetric impacts of the policy and development of green credit on the debt financing cost and maturity of different types of enterprises in China

Journal of Cleaner Production, 2020
Xinkuo Xu
exaly  

Oil price uncertainty and corporate debt maturity structure

Finance Research Letters, 2022
Jin Boon Wong
exaly  

Optimal Government Debt Maturity

SSRN Electronic Journal, 2014
Davide Debortoli, Ricardo Cavaco Nunes, Pierre Yared   +2 more
openaire   +1 more source