Results 341 to 350 of about 661,121 (408)

Implications of Public Corruption for Local Firms: Evidence from Corporate Debt Maturity

Social Science Research Network, 2021
Using political corruption conviction data from the U.S. Department of Justice, we examine the impact of local corruption on firms’ debt maturity structure while exploring both demand-side and supply-side explanations. Our results support the demand-side
M. Hassan   +2 more
semanticscholar   +1 more source

Debt maturity and SMEs: Do auditor’s quality and ownership structure matter?

Journal of Small Business Management, 2021
This study analyzes the two corporate governance mechanisms that affect the debt maturity structure of small and medium-sized enterprises (SMEs) listed on the Alternative Investment Market (AIM): Big 4 auditors and the firms’ ownership structure ...
Isabel Feito-Ruiz   +2 more
semanticscholar   +1 more source

Financial leverage, debt maturity, future financing constraints and future investment

, 2020
Purpose - This paper aims to investigate the impact of debt maturity on the relationship between financial leverage and future financing constraints. Moreover, it attempts to analyze the moderating role of short-term debt and the mediating role of future
Ehsan Poursoleiman   +2 more
semanticscholar   +1 more source

Corporate carbon risk, voluntary disclosure and debt maturity

, 2020
This study aims to investigate the association between corporate carbon risk and debt maturity and the moderating role of voluntary disclosure, within the context of South Africa, an emerging player in the climate policy debate.,Based on the insights ...
Tesfaye T. Lemma   +4 more
semanticscholar   +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   +1 more
openaire   +2 more sources

On the Relevance of Debt Maturity Structure

The Journal of Finance, 1985
ABSTRACTIn this paper, we present a tax‐induced framework to analyze debt maturity problems. We show that under some modifications of the existing U.S. tax code, debt maturity is irrelevant even in the presence of taxes and bankruptcy costs that yield an optimal capital structure.
Brick, Ivan E, Ravid, S Abraham
openaire   +2 more sources

Tax avoidance and debt maturity in SMEs

Journal of International Financial Management & Accounting
We investigate how tax avoidance affects the maturity structure of debt in firms where tax avoidance costs are presumably low, namely SMEs. Previous research has shown that creditors of listed tax‐avoiding companies impose shorter maturities to more ...
J. P. Sánchez-Ballesta, José Yagüe
semanticscholar   +1 more source

Market differences and adjustment speed of debt, equity, and debt maturity

Australian Journal of Management, 2020
This article investigates the role of market differences and the global financial crisis 2007–2009 (GFC) on the adjustment speed of debt issuance, equity issuance, and debt maturity.
Hasan Tekin
semanticscholar   +1 more source

On the Determinants of Household Debt Maturity Choice [PDF]

open access: possibleSSRN Electronic Journal, 2011
This article jointly analyses a behavioural and a cultural concept to explain household debt portfolio choice. The behavioural approach explores the role of time preferences on household debt maturity in a theoretical model and a numerical analysis. We derive a positive relationship between the long-term discount factor δ and the optimal maturity of ...
Wolfgang Breuer   +5 more
openaire   +3 more sources

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