Debt Structure and Future Financing and Investment. Evidence from Oil and Gas Sector of Pakistan
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
doaj +1 more source
Debt maturity structure with pre-emptive creditors [PDF]
Recent experience with financial crises has led to scepticism about the efficacy of crisis management measures that target short-term debt, such as the voluntary/concerted rollovers of interbank lines. Such measures, it is suggested, heighten financial fragility by encouraging creditors to pre-empt each other by lending at ever shorter maturities.
Gai, Prasanna, Shin, Hyun Song
openaire +2 more sources
The Role of Integrated Reporting in Emerging Market: Earnings Quality and Debt Maturity
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
Pria A. Pamungkas, Amrie Firmansyah, Resi A. Qadri, Agung Dinarjito, Zef Arfiansyah
doaj +1 more source
Globalization and Firms' Financing Choices: Evidence from Emerging Economies [PDF]
This paper studies the relation between firm's financing choices and financial globalization. Using an East Asian and Latin American firm-level panel for the 1980s and 1990s, we study how leverage ratios, debt maturity structure, and sources of financing
Schmukler, Sergio, Vesperoni, Esteban
core +3 more sources
The Research on the Impact of Institutional Environment on Debt Maturity Structure
As an important part of the debt financing decision, the choice of debt maturity structure will not only affect investment and financing cost, corporate governance and liquidity risk, but also be directly related to the distribution of interests between ...
Y. Wu, X.J. Wang, X.N. Yang
doaj +1 more source
Investigating the effect of debt level selection and debt maturity on investment behavior of companies listed on the Tehran Stock Exchange [PDF]
Investment is a process in which the right facilities are used to generate profitability. In this regard, the combination of capital structure and its relationship with shareholder wealth is important.
Mohammad Sayyadi +2 more
doaj +1 more source
The Effect of Managerial Overconfidence on Debt Maturity Structure in Listed Companies in Tehran Stock Exchange [PDF]
Financing policies made by managers can play a key role in the risk and wealth creation for stochkholders. However, identifying effective factors in managers` financing decisions is of great importance.
Masoud Hasani Alghar +1 more
doaj +1 more source
Does managerial discretion affect debt maturity in Chilean firms? An agency cost and asymmetric information approach [PDF]
We address debt maturity determinants for Chilean firms using data whose information was drawn from the Longitudinal Survey of Companies (ELE). Results from pooled Tobit regressions indicate that for firms with high growth opportunities, managerial ...
Jorge Andrés Muñoz Mendoza +1 more
doaj +1 more source
Bank ownership, lending relationships and capital structure: Evidence from Spain [PDF]
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
core +3 more sources
Bond Yields, Sovereign Risk and Maturity Structure
The aim of this paper is to analyze the relation between maturity structure, sovereign bond yields and sovereign risk in the Economic and Monetary Union for the period of 1990–2013.
Marcos González-Fernández +1 more
doaj +1 more source

