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ABSTRACT Amid growing environmental pressures and sustainability challenges, understanding how institutional reforms enhance firms' ability to cope with green‐related disruptions is of substantial importance. Exploiting China's Supply Chain Innovation and Application Pilot Cities as a quasi‐natural experiment, this study investigates the impact of ...
Jiaxin Wang, Jiacheng Liu
wiley +1 more source
Managing government debt. [PDF]
Jiang W, Sargent TJ, Wang N, Yang J.
europepmc +1 more source
Green Securitization, A Legal Structure Currently Unfit for Ecological Transition. [PDF]
Cornut St-Pierre P, Gareau-Lindsay J.
europepmc +1 more source
The ‘Hidden Cost’ of Sustainable Debt Financing in Emerging Markets
Rickman J, Kothari S, Ameli N.
europepmc +1 more source
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Present Implication of Debt and Debt Service in Nigeria
Journal of Economics, Management and Trade, 2023Indebtedness in a poor country like Nigeria has recently drawn researchers’ attention since after the 2006 debt relief. With the current exchange rate, debt servicing is almost the generated revenue in Nigeria. This has the implication of crowding out fiscal projects for development. This is the crux of this study.
C. Ekperiware, Moses +4 more
openaire +2 more sources
On Debt Service and Renegotiation when Debt-Holders are More Strategic [PDF]
The contingent claims analysis of the firm financing often presents a debt renegotiation game with a passive bank which does not use strategically its capability to force liquidation, contrary to what is observed in practice. The first purpose of this paper is to introduce more strategic bank behaviour into the continuous-time model developed by Mella ...
Jean-Marc Bourgeon, Georges Dionne
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The Journal of Finance, 1997
ABSTRACTWhen firms experience financial distress, equity holders may act strategically, forcing concessions from debtholders and paying less than the originally‐contracted interest payments. This article incorporates strategic debt service in a standard, continuous time asset pricing model, developing simple closed‐form expressions for debt and equity ...
Mella-Barral, Pierre, Perraudin, William
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ABSTRACTWhen firms experience financial distress, equity holders may act strategically, forcing concessions from debtholders and paying less than the originally‐contracted interest payments. This article incorporates strategic debt service in a standard, continuous time asset pricing model, developing simple closed‐form expressions for debt and equity ...
Mella-Barral, Pierre, Perraudin, William
openaire +1 more source

