. I find that when a large portion of their market is threatened, incumbents significantly increase debt maturity before …

leverage and product-market competition as predictors of financial distress hazard; and lack of attention to frailty as a … a managerial effort problem, mitigated by leverage and product-market competition as substitute disciplining devices … effect of leverage on financial distress hazard is inverted-U-shaped; (ii) the effect of the competition is U-shaped; and …

wird im Rahmen von industrieökonomischen Oligopolmodellen aufgezeigt, in denen die Aufnahme von Fremdkapital eine … Wettbewerb in strategischen Substituten und Komplementen unterschieden, dabei wird die Interaktion der Unternehmen jeweils im Ein …

We study the relation between product market competition and convertible debt financing. Competitive threats motivate … shock to competition. When competitive threats rise, convertible debt issuers increase the probability of future conversion …