Results 21 to 30 of about 1,949 (214)
Structural Reforms in a Debt Overhang [PDF]
We assess the eects of reforms in product and labor markets in an econ- omy where credit restrictions and long-term debt combine to produce a persis- tent recession with slow deleveraging following a negative …nancial shock. We show that reforms that reduce markups in product markets stimulate output and employment even in the short run, despite their ...
Javier Andrés +2 more
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Design/methodology/approach: Learned from Leary (2009), Konstantinos Voutsinas and Richard A.Werner (2011), this study designs a model of debt maturity structure with an unbalanced panel data set.
Zhefan Piao, Xiaoqi Feng
doaj +1 more source
The problems of formation of the company’s capital structure to date have already been studied well. A large number of theoretical papers and empirical studies devoted to this issue have been published.
Vladimir Rossokhin, Elena Ryabova
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Debt Structure and Capital Structure: Based on Bank Debt Renegotiation [PDF]
This paper proposes a model that determines optimal capital and debt structure when a firm uses two types of debt; a bank debt and a bond. Their difference lies in whether a firm can renegotiate with a creditor or not. Renegotiation with bondholders seems to be hard because bonds are dispersively held by many bondholders.
Tomita, Shintaro +2 more
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Debt Limits and the Structure of Public Debt [PDF]
Abstract This paper provides a tractable framework to assess how the structure of debt instruments – specifically by currency denomination and indexation to GDP – can raise the debt limit of a sovereign. By calibrating the model to different country fundamentals, it is clear that there is no 'one-size-fits-all' approach to optimal ...
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Financial statements are the main source of financial reporting. The basic role of financial reporting is to effectively communicate financial information to outsiders in a timely and credible manner.
Farkhanda Ilmas +2 more
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Capital Structure and Debt Structure [PDF]
Using a novel data set that records individual debt issues on the balance sheets of public firms, we demonstrate that traditional capital structure studies that ignore debt heterogeneity miss substantial capital structure variation. Relative to high credit quality firms, low credit quality firms are more likely to have a multi-tiered capital structure ...
Joshua D. Rauh, Amir Sufi
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THE OPTIMAL CAPITAL STRUCTURE: AN EMPIRICAL STUDY OF INDONESIA COMPANY IN THE FOOD AND BEVERAGE INDUSTRY [PDF]
Optimal capital structure is mix between debt and equity which resulted in maximizing firm’s value. Food and beverage sub-sector industry play an important role in Indonesia economic growth as one of the biggest contributor of gross domestic product (GDP)
Sylviana Maya Damayanti +2 more
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Investigating the Impacts of Concentration on Customer upon Capital Structure and Debt Maturity [PDF]
Objective: This research investigates the impacts of concentration on customer upon capital structure and debt maturity in the companies listed in the Tehran Stock Exchange, TSE.
Mohammad Reza Nikbakht (Ph.D) +2 more
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Managers' Ability and Debt Structure: Evidence from Iran's Financial Reporting Environment [PDF]
The financing policies implemented by managers play a pivotal role in risk management and shareholder wealth creation. Consequently, identifying the factors that influence managerial financing decisions is critically important.
Aqil al hasoon +2 more
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