WebNov 1, 2024 · Abstract We examine the effect of firm-level political risk on debt choices and find: (i) firms with higher political risk display a preference for private debt over …
Collateral and the Choice Between Bank Debt and Public Debt
WebAbstract We examine the effect of firm-level political risk on debt choices and find: (i) firms with higher political risk display a preference for private debt over public debt; (ii) the magnitude of this preference varies with the aggregate policy uncertainty; (iii) politically risky firms indeed receive less favorable terms in the bond market. WebMapping the Impacts of Political Risk in Corporate Finance: A Firm-Level Diversification and Debt-Maturity Perspective A Dissertation Submitted to the Graduate Faculty of the University of New Orleans in partial fulfillment of the requirements for the degree of Doctor of Philosophy in Financial Economics by Mohammad Sydul Karim dfw news 5
The impacts of political uncertainty on asset prices: Evidence from …
WebAbstract We examine the effect of firm-level political risk on debt choices and find: (i) firms with higher political risk display a preference for private debt over public debt; (ii) … WebSep 1, 2024 · Consistent with a governance mechanism substitution effect, we find that an exogenous increase (decrease) in governance pressure from the product (takeover) market has a significant negative... WebNov 27, 2024 · Our difference-in-differences approach shows that exogenous increases in information asymmetry lead firms to substitute away from equity and public debt toward … dfw new construction homes