The joint determinants of cash holdings and debt maturity: the case for financial constraints
Sign Up to like & getrecommendations! Published in 2017 at "Review of Quantitative Finance and Accounting"
DOI: 10.1007/s11156-016-0567-z
Abstract: We examine the joint choices of cash holdings and debt maturity for a large sample of firms for the 1985–2013 period. We find that there is a positive relation between debt maturity and cash holdings.… read more here.
Keywords: cash; cash holdings; debt maturity; holdings debt ... See more keywords
An agency approach to debt maturity of unlisted and listed firms in the European setting
Sign Up to like & getrecommendations! Published in 2019 at "European Management Journal"
DOI: 10.1016/j.emj.2018.07.008
Abstract: Abstract This study analyses the debt maturity of two groups of companies – unlisted and listed – throughout the period 2005–2013. The research takes an agency costs approach to explore the determinants of firms' debt… read more here.
Keywords: debt; unlisted listed; debt maturity; agency approach ... See more keywords
Policy uncertainty and the maturity structure of corporate debt
Sign Up to like & getrecommendations! Published in 2019 at "Journal of Financial Stability"
DOI: 10.1016/j.jfs.2019.100694
Abstract: This study examines the effect of policy uncertainty on corporate debt maturity structure. We find that elevated levels of policy uncertainty lead firms to shorten debt maturity, indicating that firms become more cautious to committing… read more here.
Keywords: policy uncertainty; debt maturity; debt; maturity ... See more keywords
Optimal Time-Consistent Monetary, Fiscal and Debt Maturity Policy
Sign Up to like & getrecommendations! Published in 2021 at "Journal of Monetary Economics"
DOI: 10.1016/j.jmoneco.2020.03.015
Abstract: We develop a New Keynesian model with government bonds of mixed matu- rity and solve for optimal time-consistent policy using global solution techniques. This reveals several non-linearities absent from LQ analyses with one-period debt. Firstly,… read more here.
Keywords: debt; policy; debt maturity; time consistent ... See more keywords
The Impact of Liquidity on Debt Maturity After a Financial Crisis: Evidence from the Gulf Cooperation Council Region
Sign Up to like & getrecommendations! Published in 2019 at "Emerging Markets Finance and Trade"
DOI: 10.1080/1540496x.2018.1425835
Abstract: ABSTRACT This article contributes to the existent literature on corporate debt maturity by studying a new channel through which firms may mitigate the effects of a major economic downturn such as the 2008 global financial… read more here.
Keywords: cooperation council; financial crisis; gulf cooperation; debt maturity ... See more keywords
Corporate debt maturity and economic development
Sign Up to like & getrecommendations! Published in 2019 at "International Journal of Managerial Finance"
DOI: 10.1108/ijmf-04-2018-0115
Abstract: Purpose The purpose of this paper is to analyse the effect of economic development on the influence of country-level determinants on corporate debt maturity, bearing in mind firm size and the period of financial crisis.… read more here.
Keywords: debt; corporate debt; debt maturity; economic development ... See more keywords
Inventory Management and Debt Maturity Structure
Sign Up to like & getrecommendations! Published in 2017 at "Production and Operations Management"
DOI: 10.1111/poms.12720
Abstract: The current literature on the coordination of operations and finance does not differentiate long- and short-term debts and therefore is silent on how firms’ debt maturity structure affects their short-run financial and operational decisions. Through… read more here.
Keywords: term; short term; debt maturity; debt ... See more keywords