search query: @indexterm INTERNATIONAL ECONOMICS / total: 437
reference: 11 / 437
| Author: | Henderson, B.J. Jegadeesh, N. Weisbach, M.S. |
| Title: | World markets for raising new capital |
| Journal: | Journal of Financial Economics
2006 : OCT, VOL. 82:1, p. 63-101 |
| Index terms: | capital markets debt equity capital international economics |
| Language: | eng |
| Abstract: | This study examines the extent to which companies from different countries rely on alternative sources of capital, the locations in which they raise capital, and the factors that affect these choices. During the 1990-2001 period, companies raised about $25,3 trillion of new capital, including $4,9 trillion from abroad. International debt issuances are substantially more common than equity issuances, with debt (equity) issues accounting for 87% (9%) of all securities issued internationally, and about 20% (12%) of all public debt issuances. |
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