Narrow search
Showing 1 - 10 of 29,042
Cover Image
Debt Renegotiation
Moraux, Franck - 2012
This paper develops a new model of debt renegotiation in a structural framework, that accounts for both taxes and … coupon reduction to creditors, given that the new coupon is chosen such that debt value remains constant. Our result shows … firm without hurting the creditors. This model of debt renegotiation can be viewed as a way of passing from a junk bond to …
Persistent link: https://www.econbiz.de/10013105032
Cover Image
Is operating flexibility harmful under debt?
Iancu, Dan A.; Trichakis, Nikolaos; Tsoukalas, Gerry - 2015
investments with debt. We find that flexibility in replenishing or liquidating inventory, by providing risk shifting incentives … full benefits of additional operating flexibility, irrespective of their leverage, by entering simple debt contracts of the …
Persistent link: https://www.econbiz.de/10011862200
Cover Image
A theory of debt maturity and innovation
Mitkov, Yuliyan - In: Journal of economic theory : JET 218 (2024), pp. 1-18
Persistent link: https://www.econbiz.de/10015070803
Cover Image
The COVID-19 Pandemic : Supply Chain Disruption, Wealth Effects, and Corporate Responses
Aral, Karca - 2020
, these firms tapped the debt market, and partly built cash reserves. Employment decreased by 5.2%. Chinese suppliers suffered …
Persistent link: https://www.econbiz.de/10012823914
Cover Image
Firm's Brand Value, Financial Management Decisions, Firm's Performance, and Agency Issues
Al Mamun, Md - 2014
financing (debt and equity), tax aggressiveness behavior, earning management, compensation practices, agency cost of debt and …
Persistent link: https://www.econbiz.de/10013047910
Cover Image
The failure of Northern Rock : a multi-dimensional case study
Bruni, Franco (ed.); Llewellyn, David T. (ed.) - 2009
In August 2007 the United Kingdom experienced its first bank run in over 140 years. Although Northern Rock was not a particularly large bank (it was at the time ranked 7th in terms of assets) it was nevertheless a significant retail bank and a substantial mortgage lender. In fact, ten years...
Persistent link: https://www.econbiz.de/10011705347
Cover Image
New paradigms in banking, financial markets and regulation?
Balling, Morten (ed.); Lierman, Frank (ed.);  … - New Paradigms in Money and Finance? <Veranstaltung> …; … - 2012
On May 11-12, 2011, SUERF, the Belgian Financial Forum, the Brussels Finance Institute and the Centre for European Policy Studies (CEPS) jointly organised the 29th SUERF Colloquium New paradigms in money and finance? The papers included in this SUERF Study are based on contributions to the...
Persistent link: https://www.econbiz.de/10011711451
Cover Image
Buyer's Bankruptcy Risk, Sourcing Strategy, and Firm Value : Evidence from the Supplier Protection Act
Aral, Karca; Giambona, Erasmo; Wang, Ye - 2022
What should a distressed buyer’s sourcing strategy be? We find that this depends on the dynamics in a potential in-court bankruptcy. To establish causality, we use a novel sourcing data set in combination with a unique quasi-natural experimental setting provided by a regulatory shock that...
Persistent link: https://www.econbiz.de/10014359211
Cover Image
New paradigms in banking, financial markets and regulation?
Balling, Morten (contributor); Merlin, Martin (contributor) - 2012
Persistent link: https://www.econbiz.de/10009562896
Cover Image
The failure of Northern Rock : a multi-dimensional case study
Bruni, Franco (ed.); Congdon, Tim (contributor) - 2009
Persistent link: https://www.econbiz.de/10003855324