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Marda, Anup; McCulley, Laurie - In: Journal of corporate treasury management : the official … 2 (2008/09) 4, pp. 292-297

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Accounting, banking and corporate financial management in emerging economies

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Güner, A. Burak - 2005

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How much is too much? : debt capacity and financial flexibility

Hess, Dieter; Immenkötter, Philipp - 2014

We estimate the debt capacity of a firm as the critical debt ratio that causes a downgrade in creditworthiness. Unused debt capacities depict the temporal access to external debt funds and measure a firm's financial flexibility. Firms with high unused debt capacities realize a larger fraction of...

Persistent link: https://www.econbiz.de/10010348432