Author:Reeb, D. M.
Mansi, S. A.
Allee, J. M.
Title:Firm internationalization and the cost of debt financing: evidence from non-provisional publicly traded debt
Journal:Journal of Financial and Quantitative Analysis
2001 : SEP, VOL. 36:3, p. 395-414
Index terms:DEBT FINANCING
INTERNATIONALIZATION
PUBLIC FINANCE
Language:eng
Abstract:Recent research suggests that firm internationalization in associated with greater exchange rate risk and a higher cost of equity capital. However, there is no research on the relation between the level of firm international activity and the cost of debt financing. This study offrers the first such empirical evidence using non-provisional public debt.
SCIMA record nr: 228606
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