Currency Mismatch, Uncertainty and Debt Maturity Structure [PDF]
The academic literature has so far little to say about the underlying causes of the large structural asset and liability imbalances of emerging markets that frequently contributed to financial crises. The aim of the paper is to contribute to filling this gap by proposing a theoretical model that links currency and maturity mismatches with real ...
Fratzscher, Marcel +2 more
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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
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THE DETERMINANTS OF DEBT MATURITY STRUCTURES IN DEVELOPING COUNTRIES
The study contributes to the literature by examining the firm- and country-specific determinants of the debt maturity structures in developing countries. The sample panel data set comprises of 3981 firms from 30 countries for 8 years from 2011 to 2018. Countries are selected among developing and transition economies based on data availability.
Bilgin, Rümeysa, Bilgin, Rümeysa
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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
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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
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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
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Debt maturity structure and the 1997 Asian financial crisis [PDF]
The paper investigates the effects of firm-specific and country-specific characteristics, and the 1997 Asian financial crisis on the debt maturity structure of firms in the Asia Pacific region. Given that the economies of the sample countries were at different stages of development and were affected by the 1997 Asian financial crisis by different ...
Paudyal, Krishna +2 more
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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
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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
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The article analyzes the impact of debt maturity structure and other factors on investment decisions of enterprises listed on the Vietnam’s stock market from 2010 to 2019.
Trang Van Thi Do, Duong Thuy Phan
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