Results 1 to 10 of about 73,516 (169)
Debt-for-nature or climate swaps in public finance management [PDF]
Problems and Perspectives in Management, 2023 Considering climate change and growing ecological threats, achieving climate neutrality requires close attention from the state and the involvement of new tools, including those of the so-called green financing. This paper aims to determine the feasibility of combining the tasks of reducing the debt burden and expanding investments in environmental ...
Svitlana Naumenkova +3 more
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Entrepreneurial Finance with Equity-for-Guarantee Swap and Idiosyncratic Risk [PDF]
SSRN Electronic Journal, 2013 zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Huamao Wang +2 more
+8 more sources
Credit Default Swaps, Firm Financing and the Economy [PDF]
SSRN Electronic Journal, 2012 This paper develops a model of CDS demand when investment is subject to economic fluctuations and verification is imperfect. We show that CDS overinsurance (insurance in excess of renegotiation proceeds) is procyclical and allows for greater financing of firms with positive NPV projects. In bad times, CDS overinsurance triggers the early liquidation of
Campello, M., Matta, R.
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Credit Default Swaps and Firms’ Financing Policies [PDF]
CFA Digest, 2018 Abstract This paper examines the impact of credit default swaps (CDS) on firms' financing and trade credit policies. Our results indicate firms with CDS trading on their debt increase their equity issuances. Further, firms with CDS trading on their debt and high levels of long-term debt issuances decrease their debt financing. Total and idiosyncratic
Fuller, Kathleen P. +2 more
+5 more sources
Investment, Financing, and Option-for-Guarantee Swap
SSRN Electronic Journal, 2016 This paper addresses the investment and financing decisions of an entrepreneur entering into an option-for-guarantee swap. We discover that the swap greatly increases the value of the option to invest. The entrepreneur first accelerates and then postpones investment as the funding gap rises.
Xiaolin Tang, Zhaojun Yang
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Epidemic Financing Facilities: Pandemic Bonds and Endemic Swaps
SSRN Electronic Journal, 2021 While the COVID-19 pandemic has shattered the world with severe human toll and catastrophic economic losses and sufferings, it has also heightened the need for more effective solutions for managing epidemic-related risks. In this paper, we pro- pose two capital market-based epidemic financing facilities to address two extremes of epidemic risks.
Shimeng Huang +3 more
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Credit default swaps (CDS) and loan financing
, 2015 As evidenced by its market size, credit default swaps (CDSs) has been the cornerstone product of the credit derivatives market. The central question that I attempt to answer in this thesis is: why and how does the introduction of CDS market affect bank loan financing?
Chenyu Shan
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Economies' Horizons, 2015 Рассматриваемая в работе модель swap-контракта актуальна для российских компаний и может быть ими использована для улучшения кредитного рейтинга и привлечения относительно недорогих зарубежных кредитов.
Айдар Айратович Аюпов
+6 more sources
Debt swaps for financing education: Exploration of new funding resources [PDF]
Cogent Economics & Finance, 2018 As an innovative financial mechanism to explore additional funds for social development programs in developing countries, debt swaps for development, including debt-for-education swaps, became popular between the 1980s and 2000s. Their popularity, however, seems to have diminished since the beginning of the 2010s.
Hiroshi Ito +3 more
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Credit Default Swaps Around the World: Investment and Financing Effects
SSRN Electronic Journal, 2018 We analyze the impact of the introduction of credit default swaps (CDS) on real decision making within the firm, taking into consideration differences in firms’ local economic and legal environments. We extend the model of Bolton and Oehmke (2011) to take into account uncertainty whether the actions taken by the reference entity will trigger credit ...
SShnke M. Bartram +3 more
+4 more sources