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Debt Maturity Structure and Credit Valuation

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Debt Maturity Structure and Accounting Conservatism

Journal of Business Finance and Accounting, 2015
AbstractThis study examines the association between debt maturity structure and accounting conservatism. Short‐maturity debt can mitigate agency costs of debt arising from information asymmetry and suboptimal investment problems inherent in debt financing.
Changjiang Wang
exaly   +2 more sources

Accruals Quality and Debt Maturity Structure

Abacus, 2010
In this paper we use panel data and GMM estimation to examine the effect of accounting quality on debt maturity structure in a bank‐based financial system and show that, even after controlling for unobservable heterogeneity, endogeneity, variables reflecting operating volatility and the cost of debt, firms with poor accounting quality face a shorter ...
Pedro J García-Teruel   +1 more
exaly   +2 more sources

Strategic deviation and debt maturity structure

Finance Research Letters, 2022
Mostafa Hasan, Sagira Provaty
exaly   +2 more sources

The Maturity Structure of Corporate Debt

The Journal of Finance, 1995
ABSTRACTWe provide an empirical examination of the determinants of corporate debt maturity. Our evidence offers strong support for the contracting‐cost hypothesis. Firms that have few growth options, are large, or are regulated have more long‐term debt in their capital structure.
Barclay, Michael J   +1 more
openaire   +1 more source

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