Do politically connected firms borrow cheaply? Evidence from two post U.S. election campaigns
Sign Up to like & getrecommendations! Published in 2020 at "Applied Economics Letters"
DOI: 10.1080/13504851.2020.1861194
Abstract: We shed more light on the effect of corporate political connections on the cost of debt of US firms. Focusing on new public debt issuance and applying a two stages instrumental variable model, we s... read more here.
Keywords: politically connected; connected firms; evidence two; firms borrow ... See more keywords
How firms borrow in international bond markets
Sign Up to like & getrecommendations! Published in 2017 at "Journal of Financial Regulation and Compliance"
DOI: 10.1108/jfrc-11-2016-0100
Abstract: This paper aims to investigate how firms from emerging economies choose among different international bond markets: global, US144A and Eurobond markets. The authors explore if the ranking in regulatory stringency –global bonds have the most… read more here.
Keywords: firms borrow; global bonds; bond markets; international bond ... See more keywords