Results 61 to 70 of about 658,415 (404)
An Exploratory Study on the Introduction and Removal of Different Types of Technical Debt [PDF]
, 2021 To complete tasks faster, developers often have to sacrifice the quality of the software. Such compromised practice results in the increasing burden to developers in future development. The metaphor, technical debt, describes such practice. Prior research has illustrated the negative impact of technical debt, and many researchers investigated how ...
arxiv +1 more source
CEO Inside Debt and Corporate Debt Maturity Structure [PDF]
SSRN Electronic Journal, 2015 This paper examines the relation between chief executive officer (CEO) inside debt holdings and corporate debt maturity. We provide robust evidence that inside debt has a positive effect on short-maturity debt and that this effect is concentrated in financially unconstrained firms that face lower refinancing risk.
Dang, Viet, Phan, Hieu V.
openaire +3 more sources
Confederation debt management since 1970
Swiss Journal of Economics and Statistics, 2019 This paper analyzes the Confederation’s debt management. The Confederation actively manages roll over and interest rate risk by increasing bond maturity with increasing marketable debt-to-GDP levels. It further engages in active but asymmetric, one-sided
Basil Guggenheim +2 more
doaj +1 more source
Corporate Debt Maturity Matters for Monetary Policy
Federal Reserve Bank of San Francisco, Working Paper SeriesWe provide novel empirical evidence that firms’ investment is more responsive to monetary policy when a higher fraction of their debt matures. In a heterogeneous firm New Keynesian model with financial frictions and endogenous debt maturity, two channels
J. Jungherr +3 more
semanticscholar +1 more source
The Relationship Between Leverage, Maturity, and Investment Decision: Evidence From Emerging Markets
Organizations and Markets in Emerging Economies, 2019 In this paper, we examine simultaneous relationship between leverage, maturity and over(under)- investment in emerging markets. We divide leverage into short term and long term to investigate the relation between current and future simultaneous ...
Vina Christina Nugroho, Kim Sung Suk
doaj +1 more source
A Theory of Debt Maturity: The Long and Short of Debt Overhang [PDF]
The Journal of Finance, 2012 ABSTRACTDebt maturity influences debt overhang, the reduced incentive for highly levered borrowers to make real investments because some value accrues to debt. Reducing maturity can increase or decrease overhang even when shorter term debt's value depends less on firm value.
Zhiguo He +2 more
openaire +4 more sources
Profiling Developers Through the Lens of Technical Debt [PDF]
arXiv, 2020 Context: Technical Debt needs to be managed to avoid disastrous consequences, and investigating developers' habits concerning technical debt management is invaluable information in software development. Objective: This study aims to characterize how developers manage technical debt based on the code smells they induce and the refactorings they apply ...
arxiv
Comprehensive Unified Models of Structural and Reduced Form Models for Defaultable Fixed Income Bonds (Part 1: One factor-model, Part 2:Two factors-model) [PDF]
, 2013 Pricing formulae for defaultable corporate bonds with discrete coupons under consideration of the government taxes in the united model of structural and reduced form models are provided. The aim of this paper is to generalize the comprehensive structural model for defaultable fixed income bonds (considered in [1]) into a comprehensive unified model of ...
arxiv +1 more source
A Re-Examination of the Foundations of Cost of Capital for Regulatory Purposes [PDF]
arXiv, 2023 In regulatory proceedings, few issues are more hotly debated than the cost of capital. This article formalises the theoretical foundation of cost of capital estimation for regulatory purposes. Several common regulatory practices lack a solid foundation in the theory.
arxiv
Australian Journal of Social Issues, EarlyView.Abstract Effective marginal tax rates are of interest to policymakers due to the concern that high rates lead to disincentives to work, particularly for secondary earners in couple families and single parents who pay personal income tax and lose government welfare payments as their private income increases.
Ben Phillips
wiley +1 more source