Financial reforms, financial openness, and corporate debt maturity: International evidence

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...

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Bibliographic Details
Main Authors: Şenay Ağca, Gianni De Nicolò, Enrica Detragiache
Format: Article
Language:English
Published: Elsevier 2015-06-01
Series:Borsa Istanbul Review
Subjects:
Corporate debt maturity
Financial reforms
Financial openness
International financial markets
Online Access:http://www.sciencedirect.com/science/article/pii/S2214845014000520

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