Determinants and consequences of debt maturity structure: A systematic review of the international literature
We conduct a systematic review of the international research on the determinants and
consequences of debt maturity structure in the accounting, finance, and corporate …
consequences of debt maturity structure in the accounting, finance, and corporate …
Institutional investors' horizons and corporate employment decisions
Monitoring by long-term investors should reduce agency conflicts in firms' labor investment
choices. Consistent with this argument, we find that abnormal net hiring, measured as the …
choices. Consistent with this argument, we find that abnormal net hiring, measured as the …
Leverage, competition and financial distress hazard: Implications for capital structure in the presence of agency costs
M Ugur, E Solomon, A Zeynalov - Economic modelling, 2022 - Elsevier
Does leverage or product-market competition increase or decrease financial distress risk?
The existing literature provides conflicting and largely a-theoretical answers. Drawing on …
The existing literature provides conflicting and largely a-theoretical answers. Drawing on …
External financing and earnings management: Evidence from international data
Y Zhang, K Uchida, L Dong - Research in International Business and …, 2020 - Elsevier
Corporate financing conditions in the external capital market are significantly affected by
information asymmetry, while internal financing is not. Given that earnings information …
information asymmetry, while internal financing is not. Given that earnings information …
Asymmetric information and firm value during pandemic covid-19
AB Satrio - Economics Business and Organization Research, 2021 - dergipark.org.tr
The purpose of this study is to investigate the relationship between fundamental factors,
asymmetric information, and firm value during the 2020 pandemic by taking samples of 457 …
asymmetric information, and firm value during the 2020 pandemic by taking samples of 457 …
Does firm efficiency matter for debt financing decisions? Evidence from the biggest manufacturing countries
TS Legesse, H Guo - Journal of Applied Economics, 2020 - Taylor & Francis
The paper examines the relationship between debt financing and firm efficiency and the
moderating role of liquidity holding. We focus on countries that have strong manufacturing …
moderating role of liquidity holding. We focus on countries that have strong manufacturing …
Corporate financialization and the long-term use of short-term debt: Evidence from China
Y Chen, R Sun - Finance Research Letters, 2023 - Elsevier
Using data from Chinese A-share listed companies from 2007 to 2022, we investigate the
impact of financialization on the long-term use of short-term debt (LUSD). The results …
impact of financialization on the long-term use of short-term debt (LUSD). The results …
The jinx of real earnings management: evidence from inefficient investments and debt maturity structure in Pakistan
Purpose This study aims to investigate two important research questions. First, this research
examines the impact of real earnings management on investment inefficiency of the non …
examines the impact of real earnings management on investment inefficiency of the non …
The impact of capital leverage on green firms' investment: New evidence regarding the size and age effects of Chinese green industries
K Chang, J Ding, Q Lou, Z Li, J Yang - Finance Research Letters, 2021 - Elsevier
This article primarily and specifically focuses on 412 sample green firms from the green
industries in China and contributes by investigating the leverage-investment associations …
industries in China and contributes by investigating the leverage-investment associations …
Busy board and corporate debt maturity structure
Prior literature has examined the effectiveness of the busy board by evaluating two
competing hypotheses: quality point of view and busyness point of view. In response to …
competing hypotheses: quality point of view and busyness point of view. In response to …