Historically, bubbles are followed by crashes, which in turn are followed by punitive legislation. The 1999–2003 era is fully consistent with this pattern….(Coffee, 2003a, p. 46) …
VA Dang - Journal of business finance & accounting, 2011 - Wiley Online Library
In this paper, we examine the potential interactions of corporate financing and investment decisions in the presence of incentive problems. We develop a system‐based approach to …
This paper explains both capital-structure and debt-maturity choices for SMEs in terms of institutional differences at the local level, making use of regions as the unit of analysis …
Ö Arslan, MB Karan - Corporate Governance: an international …, 2006 - Wiley Online Library
This study highlights the corporate governance potential of debt maturity structure for Turkish firms through investigating its association with ownership and control structure. We model …
M Nnadi, V Surichamorn, R Jayasekera… - … Journal of Finance & …, 2022 - Wiley Online Library
This study investigates the potential simultaneous relationships among leverage, debt maturity and cash holdings and how these jointly affect financial policy and firms' investment …
Short-term debt can reduce potential agency conflicts between managers and shareholders by exposing managers to more frequent monitoring by the credit market. Using an …
OK Tosun, LW Senbet - Review of Quantitative Finance and Accounting, 2020 - Springer
Abstract Using the Sarbanes–Oxley Act (SOX) as an exogenous shock to board structure, we identify internal monitoring via board independence and estimate its impact on corporate …