Results 31 to 40 of about 696,615 (344)
The Role of Integrated Reporting in Emerging Market: Earnings Quality and Debt Maturity
Jurnal Manajemen, 2021 The maturity structure of debt can have financial and operational consequences for a firm as debt maturity is a key aspect of financial flexibility. Moreover, debt maturity can impact a firm’s ability to undertake long-term productive investments and, as
P. F. R. D. Zef Arfiansyah
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PUBLIC DEBT MATURITY AND CURRENCY CRISES [PDF]
Scottish Journal of Political Economy, 2008 ABSTRACTThe theory underlying the effect of debt structure on the probability of a currency crisis and the slope of the yield curve was developed in Benigno and Missale (2004). In this paper, we provide the empirical evidence to support their model's predictions. In a dynamic panel data framework, we produce generalized method of moments estimates that
Levine, P, Mandilaras, A, Wang, J
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International journal of management and economics, 2021 Studies indicate that a consistent rise in insolvency risk should be addressed at the strategic level. Vigilant boards can use leverage maturity structure as a tool to control insolvency risk.
Rana Yassir Hussain +4 more
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Optimal Time-Consistent Government Debt Maturity* [PDF]
The Quarterly Journal of Economics, 2014 Abstract This article develops a model of optimal government debt maturity in which the government cannot issue state-contingent bonds and cannot commit to fiscal policy. If the government can perfectly commit, it fully insulates the economy against government spending shocks by purchasing short-term assets and issuing long-term debt ...
Debortoli, D +2 more
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Bank ownership, lending relationships and capital structure: Evidence from Spain [PDF]
, 2019 This paper analyses the influence of bank ownership and lending on capital structure for a sample of listed and unlisted Spanish firms in the period 2005–2012.
Fernández Méndez, Carlos +1 more
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, 2021 The purpose of this study is to test whether variable quality of financial statements, debt maturity and good corporate governance as moderating the quality of financial statements affect investment efficiency.
Muhammad Dedat Dingkoroci Akasumbawa +1 more
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ADJUSTMENT SPEED OF DEBT MATURITY: EVIDENCE FROM FINANCIAL CRISES IN EAST ASIA
, 2021 We investigate the change in adjustment speed of debt maturity for East Asian firms between 1990 and 2017 by including two exogenous shocks: the Asian Financial Crisis 1997-1998 (AFC) and the Global Financial Crisis 2007-2009 (GFC).
Hasan Tekin, A. Polat
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Economica, 1997 In an asymmetric information framework, a number of authors have demonstrated the existence and uniqueness of short‐term debt pooling equilibria in the absence of dissipative costs. We show that short‐term debt pooling is robust to a broad range of deviations from stationarity and intertemporal independence.
Noe, T, Goswami, G, Rebello, M
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Debt maturity and the liquidity of secondary debt markets [PDF]
Journal of Financial Economics, 2013 We model the debt maturity choice of firms in the presence of fixed issuance costs in the primary market and search frictions in the secondary market for debt. In the secondary market, short maturities improve the bargaining position of sellers, which reduces the required issuance yield. Long maturities reduce reissuance costs.
Max Bruche, Anatoli Segura
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Disproportional control rights and debt maturity
International Review of Financial Analysis, 2023 Using a hand-collected sample of U.S. dual-class firms, we find that corporate debt maturity increases in insiders' disproportional control rights, which is robust to several robustness tests. This relation is more pronounced among firms more vulnerable to control disruption.
Gao, Ning, Jiang, Wei, Jin, Jiaxu
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