There are noticeable differences between the roles that various forms of credit financing play in family businesses and …

"Publicly-traded debt securities differ on a number of dimensions, including quality, maturity, seniority, security … opportunities and cash holdings are related with the convertibility, maturity and security structure of issued bonds. Second … of securities that are issued. Consistent with commonly stated 'maturity-matching' arguments, long-term, nonconvertible …