Results 11 to 20 of about 6,886,695 (296)
Short-term debt catering [PDF]
Focusing on investments by US money market mutual funds (MMFs) in nonfinancial commercial paper, this study shows that the demand for corporate short-term securities by preferred-habitat investors is positively associated with the use of short-term debt by firms.
Lugo, Stefano +2 more
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Is Short-Term Debt a Substitute or a Complement to Good Governance? [PDF]
Short-term debt exposes firms to credit supply shocks and liquidity risk. Short-term debt can also reduce potential agency conflicts between managers and shareholders by exposing managers to more frequent monitoring by the market. This paper examines whether internal monitoring through independent boards and stronger shareholder protections can ...
Anginer, Deniz +3 more
openaire +3 more sources
Short-term debt and trade credit: Evidence on a non-linear relationship
The literature on the relationship between bank credit and trade credit is mixed between the substitution and complementarity effects. The extant studies only investigate the linear relationship between the two factors, thus missing some important ...
Lap Luu, Liem Nguyen
doaj +1 more source
Short-term debt for long-term use and default risk of supply chain enterprises.
Short-term debt for long-term use and default risk of supply chain enterprises.
Huaqiao Shen (17271170) +1 more
core +1 more source
Short-term debt for long-term use, enterprise performance and default risk of supply chain enterprises.
Huaqiao Shen (17271170) +1 more
core +1 more source
Long- and short-term corporate debt and economic policy uncertainty in Brazil [PDF]
This article aimed to investigate the relationship between economic policy uncertainty (EPU) and long- and short-term debt of Brazilian firms traded on the Brasil, Bolsa, Balcão (B3) stock exchange.
Claudio Marcelo Edwards Barros +2 more
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Debt Maturity and the Use of Short-Term Debt
The maturity structure of debt can have financial and real consequences. Short-term debt exposes borrowers to rollover risk (where the terms of financing are renegotiated to the detriment of the borrower) and is associated with financial crises. Moreover, debt maturity can have an impact on the ability of firms to undertake long-term productive ...
Sophia Chen +4 more
openaire +1 more source
The Short Term Debt vs. Long Term Debt Puzzle: A Model for the Optimal Mix [PDF]
This paper argues that the existing finance literature is inadequate with respect to its coverage of capital structure of small and medium sized enterprises (SMEs). In particular it is argued that the cost of equity (being both conceptually ill defined and empirically non quantifiable) is not applicable to the capital structure decisions for a large ...
Moro, Andrea +3 more
openaire +2 more sources
Why Are U.S. Firms Using More Short-Term Debt? [PDF]
Abstract We show that corporate use of long-term debt has decreased in the US over the past three decades and that this trend is heterogeneous across firms. The median percentage of debt maturing in more than 3 years decreased from 53% in 1976 to 6% in 2008 for the smallest firms but did not decrease for the largest firms.
Custódio, C. +2 more
openaire +3 more sources
Factors Associated with the Capital Structure of Polish Companies in the Long and Short Term
The aim of this article is to assess the long-term and short-term association between selected factors and the capital structure of Polish companies.
Natalia Szomko
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