‐science? Points out that Roscher, like his contemporaries, failed to anticipate the proliferation of war debt and other public debt …, consumer debt, corporate takeover financing and other on‐productive uses of credit. Concludes by comparing Roscher′s ideas with …

financing decisions, such as debt and investment, of firms. Design/methodology/approach – Using panel regressions based on … total payouts to changes in the firm’s net income, debt and investment. Furthermore, we present several tests to demonstrate … are positively associated with net income and debt of the firm. Originality/value – Previous research has shown how cash …

’s and Standard & Poor’s in terms of anticipating the sovereign debt crisis that hit several European countries starting in …. Originality/value – The chronic inability of CRAs to anticipate public debt crises in rich countries is dangerous because the … sovereign debt crisis. This study is the first to demonstrate that Moody’s has learned from its recent failures. In addition, it …

Purpose – This paper aims to analyze how banks transmit shocks that hit the debt market to their borrowers. Recent …

variables within a structural vector autoregression framework while accounting for debt dynamics. Design … shock simultaneously while accounting for debt dynamics. Additionally, output and unemployment responses to fiscal shocks … increase in indirect taxes, is preferred, as it produces a minor decrease in output and substantially decreases public debt …

rights (CR) and debt policy of Malaysian listed family firms. Design/methodology/approach – The sample of this study consists … separation of CFR and CR and debt. Findings – The study reveals that the separation of CFR and CR does not lead to the increase … of debt policy among Malaysian listed family-owned firms. Thus, the results suggest there is no expropriation of minority …

The objective of this paper is to examine whether there are significant variations in the profile of debt‐financing as … the trend in debt financing practices among the various groups during the period 1992‐2003 and finds out the impact of the … scenario vis‐à‐vis phase‐1 (year 1992‐1997) in the debt financing decisions of different group of the sample firms. The study …

inflows and foreign debt build‐up. States a better understanding of these trends will promote strategic entry into fast …