this study will simultaneously estimate the optimal liquidity level that could optimize the financial performance of REITs …; Perron, 2006) to analyze the moderating effects of liquidity and the optimal liquidity level on the debt … constrained the ability of REITs to use internal earnings and that they have to rely on debt financing to support their funding …

This paper develops a new model of debt renegotiation in a structural framework, that accounts for both taxes and … coupon reduction to creditors, given that the new coupon is chosen such that debt value remains constant. Our result shows … firm without hurting the creditors. This model of debt renegotiation can be viewed as a way of passing from a junk bond to …

role in overcoming liquidity problems of business entities due to difficult and late payments as well as long-term billing …. Businesses face the challenge of addressing liquidity-related financial difficulties, particularly in the context of dynamic … overcome the problem of liquidity of business entities and as a model of financing, especially for small and medium …

role in overcoming liquidity problems of business entities due to difficult and late payments as well as long-term billing …. Businesses face the challenge of addressing liquidity-related financial difficulties, particularly in the context of dynamic … overcome the problem of liquidity of business entities and as a model of financing, especially for small and medium …

234 ESG-rated REITs across five developed economies from 2003 to 2019, this study investigates both the causal … influencing the financial performance of REITs. This study is the first attempt to test the social impact hypothesis of the … market valuation of REITs. We find strong support for the trade-off hypothesis in our full-sample analysis and argue that …

234 ESG-rated REITs across five developed economies from 2003 to 2019, this study investigates both the causal … influencing the financial performance of REITs. This study is the first attempt to test the social impact hypothesis of the … market valuation of REITs. We find strong support for the trade-off hypothesis in our full-sample analysis and argue that …