Regulation and subsequent deregulation significantly affect firms' debt decisions. Prior to deregulation, regulated … firms depend significantly more on long-term and public debt but reduce this dependence considerably during deregulation …. Cross-sectional analysis shows that the reduction in the use of long-term and public debt results from changing firm …

Evidence shows that managers' debt-like compensation (i.e., inside debt) aligns their incentives with lenders …', reducing the agency cost of debt. We examine how changes in the contracting environment affect the use of inside debt in debt … contracting. We find evidence of reduced reliance on inside debt for debt contracting when borrowers have credit constraints …

Purpose: Over the past a few decades, there has been an increasing body of research on debt and wellbeing. However …, research on the potential effect of various debt portfolios on family financial wellbeing is limited. The purpose of this study … is to fill this research gap by examining the potential effect of debt portfolios on family financial wellbeing, measured …

This study empirically analyzes the effect of debt origin on investment efficiency. According to previous studies that … report that the quality of financial reporting may vary depending on the origin of the debt, the empirical analysis predicted … that the effects of the origin of the debt on investment efficiency would be differential. Debt origin was divided into …

particular, the interplay between government debt and private leverage is attracting increasing attention in the current context …