Debt rollover risk, credit default swap spread and stock returns: Evidence from the COVID-19 crisis
This paper studies how the COVID-19 shock affects the CDS spread changes and abnormal
stock returns of US firms with different levels of debt rollover risk. We use the COVID-19 …
stock returns of US firms with different levels of debt rollover risk. We use the COVID-19 …
[PDF][PDF] Tendencias en la investigación sobre gestión del riesgo empresarial: un análisis bibliométrico
JH Tabares, JC Jaramillo, MB Arias… - Revista Venezolana de …, 2017 - redalyc.org
El objetivo de esta investigación es examinar las tendencias investigativas en el área de
gestión del riesgo empresarial. La metodología consiste en el análisis bibliométrico de 155 …
gestión del riesgo empresarial. La metodología consiste en el análisis bibliométrico de 155 …
Debt maturity dispersion and the cost of bank loans
This paper examines the relation between corporate debt maturity dispersion and the pricing
and terms of bank loans. Analyzing a sample of US bank loans from 2002 to 2016, we find …
and terms of bank loans. Analyzing a sample of US bank loans from 2002 to 2016, we find …
A theory of multiperiod debt structure
We develop a theory of multiperiod debt structure. A simple trade-off between the
termination threat required to make debt repayments incentive compatible and the desire to …
termination threat required to make debt repayments incentive compatible and the desire to …
The effects of formal and informal CEO power on debt policy persistence
Z Huang, W Gao - The North American Journal of Economics and Finance, 2022 - Elsevier
We explore the general trends of debt policy persistence and how formal and informal CEO
power may influence the persistence based on four dimensions of debt policy. Using a …
power may influence the persistence based on four dimensions of debt policy. Using a …
Rollover risk and managerial cost adjustment decisions
WL Li, K Zheng - Accounting & Finance, 2020 - Wiley Online Library
Rollover risk is the risk that a firm may not be able to refinance its debt when it becomes due.
We investigate whether managers' resource adjustment decisions are influenced by rollover …
We investigate whether managers' resource adjustment decisions are influenced by rollover …
Evaluating corporate bonds and analyzing claim holders' decisions with complex debt structure
Although many different aspects of debt structures such as bond covenants and repayment
schedules are empirically found to significantly influence values of bonds and equity, many …
schedules are empirically found to significantly influence values of bonds and equity, many …
Product market competition, debt rollover risk and financial default risk: evidence from Indian corporates
A Chaturvedi, A Singh - Managerial Finance, 2024 - emerald.com
Purpose The study investigates the impact of the interaction effect of product market
competition and rollover risk on the default risk of the firms. Design/methodology/approach …
competition and rollover risk on the default risk of the firms. Design/methodology/approach …
Defined benefit pension de‐risking and corporate risk‐taking
B Silverstein - Financial Management, 2021 - Wiley Online Library
US corporate sponsors of defined benefit (DB) pension plans in recent years have been de‐
risking by paying premiums to transfer their pension plan assets and liabilities to the balance …
risking by paying premiums to transfer their pension plan assets and liabilities to the balance …
Maturity diversification: The use of foreign and domestic bonds
S Sapp - Finance Research Letters, 2024 - Elsevier
Raising capital to support the execution of an organization's strategy is one of the most
important responsibilities of financial managers. In our analysis we examine the …
important responsibilities of financial managers. In our analysis we examine the …