An Analysis of Information Transparency and Target Debt Ratio on Credit Spreads
碩士 === 國立交通大學 === 財務金融研究所 === 99 === Most structural models define that the default threshold of firm is constant, but in practice firms adjust the debt level in respect of changing in the firm value. We propose the default threshold is dependent on firm value, thus the distance to default is a mean...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | en_US |
| Published: |
2011
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| Online Access: | http://ndltd.ncl.edu.tw/handle/78514890054463332350 |