The firm s debt maturity structure is the important part of capital structure.
文章从信号传递博弈的角度出发,研究了不完全信息如何影响企业选择其债务期限结构及分离均衡存在的条件。
we apply 2SLS to examine empirically the joint determinations of debt maturity and capital structure while taking into account the interdependent relation between debt maturity and capital structure,extending the previous studies.
在考虑债务期限与资本结构相互依赖关系下,通过构建结构方程模型,采用中国上市公司面板数据,应用2SLS对债务期限和资本结构的联合影响因素进行经验检查,以拓展先前研究。
This study documents that managerial stock ownership plays an important role in determining corporate debt maturity.
本文在杠杆率和债务期限内生的假定条件下,通过对分别以"债务期限"和"债务杠杆"为因变量的联立方程模型进行2SLS检验,运用中国上市公司的具体数据来研究管理者持股对债务期限结构的影响。
Guarantee Compound Pricing Theories and Methods Based on Debt Delay;
基于债务展期的担保复合定价理论与方法
The analysis reveals a phenomenon that the listed companies prefer to replace the long-term debt financing with short-term debt and stock financing due to the effectiveness limitation of bankruptcy law in China and the substi.
分析结果表明,由于我国破产法律制度效力的有限性和股票市场对企业长期债务市场的替代效用,导致了我国上市公司用短期债务和股权融资替代长期债务融资的现象,最终表现为短期债务在我国上市公司的债务融资结构中占绝对主导地位的局面。
It shows that debt maturity has a signaling function at the occurrence of separating equilibrium under the condition of adverse selection,which is to say,good firms issue short-term debt to signal his quality and bad firms have to choose to issue long-term debt.
文章从信息非对称导致的逆向选择和道德风险两个方面出发,研究了债务期限选择对企业的影响,并指出:逆向选择下出现分离均衡时企业债务期限具有信号显示功能,即高质量企业选择更多的短期债务来传递高质量信号,低质量企业只能选择长期债务;同时债务期限与道德风险引起的债务代理成本有紧密的关系,缩短债务期限有利于降低债务代理成本。
It shows that debt maturity has a signaling function at the occurrence of separating equilibrium under the condition of adverse selection,which is to say,good firms issue short-term debt to signal his quality and bad firms have to choose to issue long-term debt.
文章从信息非对称导致的逆向选择和道德风险两个方面出发,研究了债务期限选择对企业的影响,并指出:逆向选择下出现分离均衡时企业债务期限具有信号显示功能,即高质量企业选择更多的短期债务来传递高质量信号,低质量企业只能选择长期债务;同时债务期限与道德风险引起的债务代理成本有紧密的关系,缩短债务期限有利于降低债务代理成本。
Debt Maturity Structure,Corporate Value and the Protection of Creditors;
债务期限结构、公司价值和债权人保护
Research into debt expiration and debt payment ability of listed companies;
上市公司的债务期限与偿债能力研究
Study on Factors Influencing the Debt Maturity Structure of Listed Companies;
上市公司债务期限结构影响因素研究
Information Asymmetry, Corporate Risk and Debt Maturity;
信息不对称、公司风险与债务期限结构
Empirical Study on the Trade-off Idea of Debt Maturity Structure;
债务期限结构的权衡思想的实证检验
The Determinants of Debt Maturity Structure--Empirical Evidence from China;
上市公司债务期限结构影响因素分析
Debt Financing and Debt Maturities vs.Enterprise Growth;
债务融资、债务期限与企业的成长性——来自我国上市公司的经验证据
A Study on Debt Maturity Structure of Chinese Firm under Financial Repression;
基于金融抑制的我国企业债务期限结构研究
Study on Factors Influencing the Debt Maturity Structure in Chinese Listed Companies;
我国上市公司债务期限结构的影响因素研究
Empirical Study on the Influence of Government Credit to the Debt Maturity Structure;
政府信用对企业债务期限结构影响的实证研究
The Research on Optimal Debt Maturity Structure Based on Fixed Effect Model;
基于固定效应模型的最优债务期限结构研究
The Research on the Factors of Debt Maturity Structure in Chinese Listed Company;
我国上市公司债务期限结构影响因素研究
The Research on the Impact of Debt Maturity Structure on Investment Behavior;
债务期限结构对企业投资行为的影响研究
The Research of Firm s Debt Maturity Structure in the Asymmetric Information Condition;
信息不对称条件下企业债务期限结构研究
Ownership Structure and the Determination of Listed Corporation s Debt Maturity Structure;
股权结构与公司债务期限结构的关系研究
The Positive Feedback System between Interest Risks and Corporate Debt Maturity Structure;
利率风险与债务期限结构的正反馈效应分析
Government Control、Ultimate Controlling Shareholder and Debt Maturity Structure of Listed Company;
政府控制、终极控制人与上市公司债务期限结构
To give a debtor a period of grace or two week' grace.
给债务人两周宽限期或两周宽限。