environment in which borrowers face no penalty for failing to repay obligations except the loss of their collateral. I assume that … this collateral has aggregate risk. For a subset of the exogenous parameters, I demonstrate that an optimal arrangement …

in which high quality firms use collateral as a complementary device along with debt maturity to signal their superiority …

reduces the collateral requirement for low-risk borrowers when some high-risk borrowers are subject to narrow framing. This …

regulations of commitment clearance and introducing theory of serial chain of debits and credits, this system proposes an … Collateral Registration System and Mortgage Securitization System in Rastin Banking, while considering the legal and operational …

certificates”. Each lot of these certificates can be used as a guarantee or collateral for any guarantee-backed activity in banks …

collateral and therefore alternative financing has developed. Design/methodology/approach – The study makes use of an exploratory … alternatives identified and presented include: grain contract financing; grain contract financing with additional collateral; and … cheaper form of financing, using agricultural land as collateral has a number of limitations, especially within the South …

collateral are being used to make smallholder crop and livestock farmers bankable in Ghana and Zimbabwe. Design … smallholder farmer targeted by the WRS had been issued with a tradable certified warehouse receipts to serve as collateral to …

, number of general and financial covenants and requirements for collateral. Findings It was found that companies retaining … collateral. These findings are supported by several sensitivity tests. Research limitations/implications The findings suggest …

loan spreads, collateral requirements, and the number of prepayment covenants. Findings – This paper finds that, first …