Financial reforms, financial openness, and corporate debt maturity: International evidence
We study how credit market deregulation and financial openness have changed corporate debt maturity. The evidence comes from a large panel of publicly traded firms in 38 countries in the post 1994 period. Reforms are measured with a comprehensive index that tracks six separate dimensions. We find th...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Elsevier
2015-06-01
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Series: | Borsa Istanbul Review |
Subjects: | |
Online Access: | http://www.sciencedirect.com/science/article/pii/S2214845014000520 |