Results 31 to 40 of about 188,213 (299)
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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Optimal Debt Maturity and Firm Investment [PDF]
SSRN Electronic Journal, 2020 Trabajo presentado en el Galatina Summer Meetings: "Policies for Economic Stability: Lessons and the Way Forward", celebrado en Italia del 28 al 30 de agosto de ...
Juggler, Joachim, Schott, Immo
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Financial reforms, financial openness, and corporate debt maturity: International evidence
Borsa Istanbul Review, 2015 We study how credit market deregulation and financial openness have changed corporate debt maturity. The evidence comes from a large panel of publicly traded firms in 38 countries in the post 1994 period.
Şenay Ağca +2 more
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Is short-term debt a substitute for or complementary to good governance?
Borsa Istanbul Review, 2022 Short-term debt can reduce potential agency conflicts between managers and shareholders by exposing managers to more frequent monitoring by the credit market.
Deniz Anginer +3 more
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The Effects of Business Cycle and Debt Maturity on a Firm’s Investment in Fixed Assets [PDF]
پژوهشهای تجربی حسابداری, 2017 This research is aimed to investigate of the effects of business cycle and debt maturity on a firm’s investment in fixed assets. To do this, the financial information of 113 industrial firms listed in Tehran Stock Exchange during the period from 2004 to ...
pari rashedi, Hamid reza Bazzaz zadeh
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IJEBD (International Journal of Entrepreneurship and Business Development), 2023 The purpose of this study was to determine and analyze effect of the debt-to-assets ratio, maturity, guarantee, and company size on construction company bond ratings.
Titin Ruliana +3 more
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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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Debt Structure and Future Financing and Investment. Evidence from Oil and Gas Sector of Pakistan
Journal of Accounting and Finance in Emerging Economies, 2023 Purpose: This study aims to investigate the link between debt structure and future external financing and investment, existing empirical literature suggest various features of debt structure such as maturity structure, seniority and security profile ...
Jameel Ahmed Khan Hakro +3 more
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Buletin Ekonomi Moneter dan Perbankan, 2011 Agency conflict is a phenomenon that occurs when a firm is doing its financing policies, especially of those related to the leverage strategies. Some of the former researches revealed some empirical evidence of the existence of a negative effect between ...
Rhini Fatmasari
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