This paper investigates whether and how economic policy uncertainty affects corporate debt maturity. Using a cross … uncertainty is significantly associated with a shortened debt maturity. Specifically, a 1% increase in economic policy uncertainty … is associated with a 0.22% decrease in the long-term debt-to-assets ratio and a 0.08% decrease in debt maturity. Moreover …

This paper investigates whether and how economic policy uncertainty affects corporate debt maturity. Using a large firm … a shortened debt maturity. Moreover, the impacts are stronger for innovation-intensive firms. We use firms’ flexibility … in changing debt maturity and the deviation to leverage target to gauge the causal relationship, and identify the reduced …

green financial policies on investment-financing maturity mismatch of A-share companies on Shanghai Stock Exchange and …. Green financial policies inhibit investment-financing maturity mismatch of enterprises by increasing loan availability …

This study investigates how debt maturity structure is influenced by the strength of shareholder rights. The empirical … evidence reveals an inverse relation between the strength of shareholder rights and debt maturity. We contend that managers of … evidence that regulation is a substitute for debt maturity in controlling agency costs. The effect of managerial entrenchment …

This paper investigates the determinants of liability maturity choice in transition markets. We formulate a model of …, signaling, maturity matching, and agency costs for the liability term structure of firms operating in a transition economy. In … addition, we find that companies do not react uniformly to determinants of debt maturity. Firms that mainly rely on external …

Perhaps, the most familiar idea underlying debt maturity choice is the maturity-matching hypothesis wherein liabilities …' maturities correlate with assets' maturities. However, the maturity-matching hypothesis does not provide a comprehensive … explanation for many empirical patterns of firm behavior. This study investigates the determinants of debt maturity choice using a …

How do powerful unions affect firms' debt maturity structure? I find that firms increase the fraction of long term debt … channels consistent with a debt maturity structure reshaping rather than a strategic leverage increase. I find that financially … constrained, less flexible, and small firms exploit the positive effects of union's monitoring activity to lengthen their maturity …

I develop a dynamic capital structure model in which shareholders determine a firm's leverage ratio, debt maturity, and … all the firm's cash flows and can pick a new capital structure. The possibility to alter the capital structure at maturity … gives shareholders the incentive to issue finite maturity debt and allows me to study firms' joint choice of leverage and …

The debt-maturity structures of listed firms in Pakistan have shown significant decline over the last decade. In this … reveals that the decrease in debt maturity is significantly explained by agency and maturity matching theories while … private sector explains much of the reason of decrease in debt maturity structures. Overall, both demand and supply …

, have high debt-to-equity ratios and debts of long-term maturity. Second, J-REITs with high concentration ratios of small …-term maturity. In addition, the above relationships are enhanced when the REIT has a concentrated ownership structure. In summary …