We conduct a systematic review of the international research on the determinants and
consequences of debt maturity structure in the accounting, finance, and corporate …

Increasingly adverse climatic conditions have created greater systematic risk for companies
throughout the global economy. Few studies have directly examined the consequences of …

This paper reviews the impact of institutional variables on the capital structure of firms during
the recent financial crises (dot. com bubble, subprime crisis, and European sovereign debt …

We find that firms mitigate refinancing risk by increasing their cash holdings and saving cash
from cash flows. The maturity of firms' long‐term debt has shortened markedly, and this …

This paper sheds light on the impact of corporate maturity mismatch on enterprise digital
transformation for the first time. We conduct in-depth text analysis on a huge number of …

Our model shows that deterioration in debt market liquidity leads to an increase in not only
the liquidity premium of corporate bonds but also credit risk. The latter effect originates from …

Given that political uncertainty greatly impacts firm level investment decisions, this paper
examines whether and how political uncertainty influences a firm's cost of bank loans. We …

Credit risk imposes itself as a significant barrier of agriculture 4.0 investments in the supply
chain finance (SCF) especially for Small and Medium-sized Enterprises. Therefore, it is …

This paper studies the interaction between default and liquidity for corporate bonds that are
traded in an over‐the‐counter secondary market with search frictions. Bargaining with …

This paper investigates the causal effect of capital account liberalization on corporate
maturity mismatch of financing and investment and further explores the role of bank …