Results 271 to 280 of about 149,108 (301)

Debt-maturity structures should match risk preferences.

Healthcare financial management : journal of the Healthcare Financial Management Association, 2000
Key to any debt-maturity matching strategy is financing assets with the appropriate debt structure. Financial managers need to establish an optimal capital structure and then choose the best maturity-matching structure for their debt. Two maturity-matching strategies that are available to healthcare financial managers are the accounting approach and ...
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Union Power and the Debt Maturity Structure

SSRN Electronic Journal, 2016
How do powerful unions affect firms' debt maturity structure? I find that firms increase the fraction of long term debt as a response to unionization while keeping their leverage ratio unchanged. Using a regression discontinuity design I estimate that unionized firms increase by 25% the fraction of long-term debt as compared to union-free firms.
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Brand capital on debt maturity structure

Journal of Contemporary Accounting & Economics, 2023
Tongxia Li, Chun Lu, James Routledge
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Sovereign debt maturity structure under asymmetric information

Journal of International Economics, 2017
Abstract This paper studies the optimal choice of sovereign debt maturity when investors are unaware of the government's willingness to repay. Under a pooling equilibrium there is a wedge between the borrower's true default risk and the default risk priced in debt, and its size differs with the maturity of debt.
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Maturity and Repayment Structure of Sovereign Debt [PDF]

, 2014
This paper studies the maturity, timing and relative size of repayments for sovereign debt. Using Bloomberg bond data for emerging economies, we document that sovereigns issue debt with shorter maturity but more back-loaded repayments during downturns. To account for this pattern, we study a sovereign-default model of a small open economy which issues ...
Seon Tae Kim, Gabriel Mihalache, Yan Bai
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Managing the maturity structure of government debt

Journal of Monetary Economics, 2007
Abstract It is known that a government can implement the optimal complete-market Ramsey allocations by issuing non-contingent bonds of different maturities. The implied optimal maturity structure is time- and state-invariant—i.e. it is not actively managed.
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Hedge Fund Activism and Debt Maturity Structure

Financial Review
ABSTRACTWe provide evidence that activist hedge funds significantly influence target firms’ debt choices. After hedge fund activism (HFA), the proportion of long‐term debt significantly increases in target firms. This debt maturity increase is correlated to post‐HFA governance reforms. Post HFA, target firms issue more bonds than loans; such preference
Amanjot Singh, Saikat Sovan Deb, Harminder Singh   +2 more
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Systematic risk, debt maturity, and the term structure of credit spreads

Journal of Financial Economics, 2021
Hui Chen, Jun Yang
exaly  

Sovereign Debt Maturity Structure and Its Costs

SSRN Electronic Journal, 2018
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Debt Maturity Structure and Corporate Investment

SSRN Electronic Journal, 2023
Claire Yurong Hong, Kewei Hou, Thien Tung Nguyen   +2 more
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