The financial crisis and corporate debt maturity

The financial crisis and corporate debt maturity: The role of banking ...

Highlights. •. Corporate debt maturity was found to decline weakly during the financial crisis. •. Evidence is consistent with the existence of a credit supply ...

1 THE FINANCIAL CRISIS AND CORPORATE DEBT MATURITY

The financial crisis had a stronger negative effect on corporate debt maturity in countries with less bank concentration, while the debt maturity of larger ...

1 THE FINANCIAL CRISIS AND CORPORATE DEBT MATURITY

reduced the credit issued by banks in European countries. This survey is addressed to senior loan officers of a representative sample of euro area banks and ...

The Financial Crisis and Corporate Debt Maturity

This paper shows the relevance of the financial crisis on firm- and country-level determinants on debt maturity structure for 39 countries ...

The Financial Crisis and Corporate Debt Maturity - ResearchGate

Download Citation | The Financial Crisis and Corporate Debt Maturity | This paper shows the relevance of the financial crisis on firm- and country-level ...

The financial crisis and corporate debt maturity: The role of banking ...

Corporate debt maturity was found to decline during the financial crisis. However, only those firms that were more dependent on external finance before the ...

The Financial Crisis and Corporate Debt Maturity - EconBiz

This paper shows the relevance of the financial crisis on firm- and country-level determinants on debt maturity structure for 39 countries during the period ...

The financial crisis and corporate debt maturity - EconPapers - RePEc

Corporate debt maturity was found to decline during the financial crisis. However, only those firms that were more dependent on external finance ...

Corporate borrowing and debt maturity : the effects of market access ...

This paper studies how access to different markets and crises impact debt financing and maturity. Using data on worldwide corporate issuance activity in ...

Corporate Debt Maturity and the Real Effects of the 2007 Credit Crisis*

We identify heterogeneity in financial contracting at the onset of the crisis by exploiting ex-ante variation in long-term debt maturity structure. Using a ...

Does Corporate Debt Maturity Wall Really Exist - FTI Consulting

The term “maturity wall” dates to 2010, in the aftermath of the global financial crisis. By that time, aggressive actions taken by global ...

Corporate Debt Maturity and the Real Economy

The financial crisis of the late 2000's placed debt maturity concerns at the forefront of the economic policy debate. As firms with relatively more short ...

Corporate Debt Maturity and the Real Effects of the 2007 Credit Crisis*

Our study highlights the importance of debt maturity for corporate financial policy. It shows how financial contracting ties credit supply shocks and firm real ...

Corporate Debt Structure and the Financial Crisis

Figure 1, panel a, plots the growth rates of GDP, of bank loans (all maturities, outstand- ing amounts) extended by monetary and financial institutions to the ...

(PDF) The financial crisis and corporate debt maturity - ResearchGate

Findings Corporate debt maturity increases with the efficiency of the legal system and bank concentration and decreases with the weight of banks in the economy.

Corporate Debt Structure and the Financial Crisis - jstor

corporate bonds issued by euro area nonfinancial corporations with investment grade ratings and a euro- currency high-yield index. Average maturity of the bonds ...

Corporate Debt Maturity and Monetary Policy

We find that the answer is robustly yes for the pre-ZLB period: Firms extended the maturity of their bond issuance by nearly three years in response to a policy ...

Debt Maturity and the Use of Short-term Debt

Debt maturity drops during crises. This holds for both AEs and EMDEs, in the aggregate data and when focusing on government or corporate debt, regardless of the ...

Capital structure, debt maturity, and financial crisis - SpringerLink

Interestingly, we also show that trade credit does not compensate for the reduction in bank credit. Finally, our findings reveal that riskier ...

Corporate Borrowing and Debt Maturity: Market Access and Crisis ...

Using worldwide corporate issuance activity in domestic and international bond and syndicated loan markets during 1991-2014, the paper shows that these markets ...