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Institutions and the External Capital Structure of Countries

Mauro, Paolo - 2004

equity, rather than bonds and loans, are less prone to crises. But what determines countries'' external capital structures …? In a cross section of emerging markets and developing countries, we find that equity-like liabilities (FDI and …, especially, portfolio equity) as a share of countries'' total external liabilities (or as a share of GDP) are positively and …

Persistent link: https://www.econbiz.de/10014404043

Corporate Financial Structure and Financial Stability

Stone, Mark R. - 2004

This paper uses flow-of-funds and balance sheet data to analyze the impact of financial crises on corporate financing and GDP in a range of countries. Post-crisis GDP contractions are mainly accounted for by declines in investment and inventory and are more severe for emerging market countries....

Persistent link: https://www.econbiz.de/10014404095

Debt Maturity and the Use of Short-Term Debt : Evidence form Sovereigns and Firms

Chen, Sophia - 2019

The maturity structure of debt can have financial and real consequences. Short-term debt exposes borrowers to rollover risk (where the terms of financing are renegotiated to the detriment of the borrower) and is associated with financial crises. Moreover, debt maturity can have an impact on the...

Persistent link: https://www.econbiz.de/10014408348

Determinants of dividend payout ratio of Nigerian deposit money banks

Ademola, Abimbola Oluwaseyi; Al-Faryan, Mamdouh … - In: International journal of management, economics and … 13 (2024) 1/2, pp. 1-24

Within the sphere of financial management for Nigerian Deposit Money Banks (DMBs), the dividend payout ratio stands as a crucial indicator, influenced by a myriad of factors. This study scrutinized the impact of banks' specific factors, macroeconomic influences, and mergers and acquisitions on...

Persistent link: https://www.econbiz.de/10014566176

Central bank communication and leverage differentiation of non-financial enterprises

Han, Xun; Qiao, Jiaxue; Meng, Lingfeng; Hsu, Sara - In: Emerging markets, finance & trade : a journal of the … 60 (2024) 8, pp. 1623-1642

Persistent link: https://www.econbiz.de/10014567097

Non-interest income and bank risk : the role of financial structure

Saklain, Md Sohel; Williams, Barry - In: Pacific-Basin finance journal 85 (2024), pp. 1-25

Persistent link: https://www.econbiz.de/10014575599

Digitalization and firms' debt maturity : do financial constraints and uncertainty matter?

Lee, Chien-chiang; Wang, Chih-Wei; Purnama, Muhammad … - In: Pacific-Basin finance journal 85 (2024), pp. 1-18

Persistent link: https://www.econbiz.de/10014575680

Corporate leverage and leverage speed of adjustment : Does environmental policy stringency matter?

Lee, Chien-chiang; Wang, Chih-Wei; Thinh, Bui Tien; … - In: Pacific-Basin finance journal 85 (2024), pp. 1-16

Persistent link: https://www.econbiz.de/10014575687

Liquidity Trap and Excessive Leverage

Korinek, Anton - 2014

We investigate the role of macroprudential policies in mitigating liquidity traps driven by deleveraging, using a simple Keynesian model. When constrained agents engage in deleveraging, the interest rate needs to fall to induce unconstrained agents to pick up the decline in aggregate demand....

Persistent link: https://www.econbiz.de/10014411478

Local gambling attitudes and firms' financing strategies : new insights from the geographic structure in China

Yu, Degan; Wang, Cong; Cai, Guilong; Qiang, Haofan - In: Pacific-Basin finance journal 85 (2024), pp. 1-16

Persistent link: https://www.econbiz.de/10014576071