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Digital Transformation of Supply Chains and Corporate Green Resilience: Evidence From China's Supply Chain Innovation and Application Pilot Cities

open access: yesBusiness Strategy and the Environment, EarlyView.
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]

open access: yesProc Natl Acad Sci U S A
Jiang W, Sargent TJ, Wang N, Yang J.
europepmc   +1 more source
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Present Implication of Debt and Debt Service in Nigeria

Journal of Economics, Management and Trade, 2023
Indebtedness 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]

open access: possibleJournal of Financial Intermediation, 2007
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
openaire   +2 more sources

Strategic Debt Service

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
openaire   +1 more source

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