haku: @author Ozkan, A. / yhteensä: 4
viite: 4 / 4
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| Tekijä: | Ozkan, A. |
| Otsikko: | An empirical analysis of corporate debt maturity structure |
| Lehti: | European Financial Management
2000 : JUN, VOL. 6:2, p. 197-212 |
| Asiasana: | DEBT PANEL DATA EMPIRICAL RESEARCH |
| Kieli: | eng |
| Tiivistelmä: | This paper provides an empirical investigation of the maturity structure of corporate debt. A dynamic model is estimated by GMM estimation procedure using data for an unbalanced panel of 429 non-financial UK firms over the period of 1983-96. The evidence provides strong support for the hypotheses that firms with more growth opportunities in their investment sets tend to have more shorter-term debt and firm size exerts a negative impact on debt maturity structure. |
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