Narrow search
Showing 1 - 10 of 635
Cover Image
Leveraging SME finance through value chains in Kazakhstan
Kapparov, Kassymkhan - 2019
One of the major issues for SME development has been access to finance. This paper examines the current state of SME development and financing in Kazakhstan. It also examines the current state of the development of value chains and discusses barriers for agriculture value chain financing. The...
Persistent link: https://www.econbiz.de/10012113904
Cover Image
Bank credit and market-based finance for corporations : the effects of minibond issuances
Ongena, Steven; Pinoli, Sara; Rossi, Paola; Scopelliti, … - 2020
-post performance, we find that issuer firms expand their total assets and fixed assets, and also raise their leverage. …
Persistent link: https://www.econbiz.de/10012390449
Cover Image
Bank credit and market-based finance for corporations : the effects of minibond issuances
Ongena, Steven; Pinoli, Sara; Rossi, Paola; Scopelliti, … - 2020
their leverage …
Persistent link: https://www.econbiz.de/10012419623
Cover Image
Bank credit and market-based finance for corporations : the effects of minibond issuances
Ongena, Steven; Pinoli, Sara; Rossi, Paola; Scopelliti, … - 2021
issuer firms expand their total assets and fixed assets, and also raise their leverage …
Persistent link: https://www.econbiz.de/10012614108
Cover Image
Leverage over the firm life cycle, firm growth, and aggregate fluctuations
Dinlersoz, Emin Murat; Kalemli-Ozcan, Sebnem; Hyatt, … - 2019
We study the leverage of U.S. firms over their life cycles and the connection between firm leverage, firm growth, and ….S. Census Bureau’s Longitudinal Business Database for the period 2005–12. Public and private firms exhibit different leverage … dynamics over their life cycles. Firm age and size are systematically related to leverage for private firms but not for public …
Persistent link: https://www.econbiz.de/10012063843
Cover Image
Market timing of long-term debt issuance
Witmer, Jonathan - 2009
The literature on market timing of long-term debt issuance yields mixed evidence that managers can successfully time … their debt-maturity issuance. The early results that are indicative of debt-maturity timing are not robust to accounting for … structural breaks or to other measures of debt maturity from firm-level data that account for call and put provisions in debt …
Persistent link: https://www.econbiz.de/10003933249
Cover Image
An analysis of the effects of the severance payment reform on credit to Italian SMEs
Calcagno, Riccardo; Kräussl, Roman; Monticone, Chiara - 2008
We study the effects of the reform of the system of severance payments (TFR) of Italian employees on the cost and the access to credit for small and medium-size enterprises (SMEs). The most direct consequence of the reform is to reduce in the long run the amount of liquid assets available to...
Persistent link: https://www.econbiz.de/10011377271
Cover Image
Cryptocurrency market reactions to regulatory news
Auer, Raphael A.; Claessens, Stijn - 2020
Cryptocurrencies are often thought to operate out of the reach of national regulation, but in fact their valuations, transaction volumes and user bases react substantially to news about regulatory actions. The impact depends on the specific regulatory category to which the news relates: events...
Persistent link: https://www.econbiz.de/10012205633
Cover Image
Multiple buffer CoCos and their impact on financial stability
Neamtu, Ioana - 2020
global games methodologies. Contingent convertible bonds are meant to act as a bail-in mechanism for banks, where CoCo debt …
Persistent link: https://www.econbiz.de/10012161027
Cover Image
The deep-pocket effect of internal capital markets
Boutin, Xavier; Cestone, Giacinta; Fumagalli, Chiara; … - 2009
We provide evidence suggesting that incumbents' access to group deep pockets has a negative impact on entry in product markets. Relying on a unique French data set on business groups, our paper presents three major findings. First, the amount of cash holdings owned by incumbent-affiliated groups...
Persistent link: https://www.econbiz.de/10008824490