The Dynamics of Corporate Debt Structure
SSRN Electronic Journal, 2019 We find that US public firms spread out their debt more across different sources in recession quarters, making measures of debt concentration move pro-cyclically. There is substantial cross-sectional variation in these dynamics. Firms with less leverage and higher debt concentration further decrease leverage and increase debt concentration in ...
HALLING, Michael +2 more
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Capital structure and international debt shifting [PDF]
Journal of Financial Economics, 2006 This paper presents a model that relates a multinational firm's optimal debt policy to taxation and to non-tax factors such as the desire to prevent bankruptcy. The model yields the predictions that a multinational's indebtedness in a country depends on national tax rates and differences between national and foreign tax rates.
Huizinga, Harry +2 more
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Strategic Default, Debt Structure, and Stock Returns [PDF]
, 2016 This paper theoretically and empirically investigates how debt structure and strategic interaction among shareholders and debt holders in the event of default affect expected stock returns.
Valta, Philip
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El flujo de caja como determinante de la estructura financiera de las empresas españolas. Un análisis en tiempos de crisis || Cash flow as determinant of financial structure of Spanish firms. Analysis in a crisis period [PDF]
Revista de Métodos Cuantitativos para la Economía y la Empresa, 2016 Este trabajo propone el uso de la variable Flujo de Caja Contable de la Explotación (FCE) como un factor con incidencia significativa en la estructura financiera de la empresa española en un periodo (2008-2012) caracterizado por dificultades para la ...
Rodríguez-Masero, Natividad +1 more
doaj
The Research on the Impact of Institutional Environment on Debt Maturity Structure
Chemical Engineering Transactions, 2015 As an important part of the debt financing decision, the choice of debt maturity structure will not only affect investment and financing cost, corporate governance and liquidity risk, but also be directly related to the distribution of interests between ...
Y. Wu, X.J. Wang, X.N. Yang
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CEO Overconfidence and Capital Structure Decisions: Evidence from India
Vikalpa, 2022 Executive Summary Capital structure decisions are vital for firms. Existing theories on capital structure partially explain the difference in capital structure decisions of identical firms.
Hardeep Singh Mundi, Parmjit Kaur
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Latin America and the Caribbean Standardized Public Debt Database: Data as of December 2022
, 2023 This database compiles up-to-date standardized statistics on sovereign debt issuances for the Latin American and Caribbean (LAC) region and contains biannual data starting in 2006 through December 2022.
Inter-American Development Bank
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Moneta e Credito, 2012 This paper analyzes the dynamic of the international debt of Heavily Indebted Poor Countries (HIPC), along with the socio-economic development. The structure of the paper is the following: a) the first part of the paper analyzes the dynamic of the ...
Paolo Palazzi
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The Relationship between Capital Structure and Return on Assets, with an Emphasis on Inflation Caused by Government Decision Makings [PDF]
راهبرد مدیریت مالی, 2016 Decision making about capital structure, i.e. financing of the organizations, like other decision makings of managers, affects the value of the organizations.
Mahdi Salehi, Somayeh Yosefi
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Debt maturity structure and the 1997 Asian financial crisis [PDF]
, 2009 The paper investigates the effects of firm-specific and country-specific characteristics, and the 1997 Asian financial crisis on the debt maturity structure of firms in the Asia Pacific region. The results indicate that firms in this region have a target
Paudyal, Krishna +7 more
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