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explores the history of constitutional debt restrictions, using a new dataset that allows us to follow their evolution and … construct a proper classification. In this chapter, we find that the importance of limits on debt has been overstated …. Procedures regulating debt issuance are the most important aspect of the provisions. In addition, modification procedures and …
Persistent link: https://www.econbiz.de/10009450843
(from Introduction): It is often said that if entrepreneurs are the engines that drive new companies, then financing is the fuel that propels them. The best sources of funding for the newest firms in Australia are bootstrapping (creative ways of launching a business), informal investment...
Persistent link: https://www.econbiz.de/10009437664
Four essays, or chapters, model the capital structure, governance, and investment decisions as part of a sequential game. Each chapter is separate in its context, assumptions, and conclusions. The titles of the chapters are below.Abstracts of each essay or chapter can be found at the beginning...
Persistent link: https://www.econbiz.de/10009441487
The paper assesses the ability of French wineries to prevail over the crisis of French wine in the years 2000.Corporations are distinguished from co‐operatives:Over the 2000‐2006 period in spite of sales fluctuations, French wineries did not increase their financial debtlevel substantially....
Persistent link: https://www.econbiz.de/10009443769
determinant factors of the debt structure of Brazilianagribusiness companies. It is also possible to conclude that the model …
Persistent link: https://www.econbiz.de/10009446918
listed debt as a source of finance.The researcher conducted a content analysis on the responses to 15 … review.The research revealed that firstly, through the use of securitisation, it is possible toreduce the cost of debt …
Persistent link: https://www.econbiz.de/10009447773
This thesis investigates the determinants of the use of debt and leasing in the UK using a comprehensive measure of … debt and leases, in recognition of the link between lease and debt-type financing decisions, based on financial contracting … of simple tax proxy, the effective tax rate, leads to a spurious negative relation between debt usage and tax rates. The …
Persistent link: https://www.econbiz.de/10009465980
risk of debt-deflation and prolonged recession. Financialization operates through three different conduits: changes in the …
Persistent link: https://www.econbiz.de/10009467755
’ financial management considering high usage of debt financing, litter effort has been made. Considering the extent of hotel … firms’ financial constraints, this study examines the precautionary motive of cash holding toward external financing (debt … study tests the relation of cash to debt and cash flow. Regardless of the extent of financial constraints, cash holding is …
Persistent link: https://www.econbiz.de/10009468107
well-being. The purpose ofthis thesis is to analyze the inclusion of assets and debt in the model of one’s subjective … wellbeing.In addition, interaction effects between income and assets, and income and debt, will beexamined. Through the use of … ordered probit regressions, we find that assets and debt must beincluded in order to model one’s subjective well …
Persistent link: https://www.econbiz.de/10009468252