Global ETD Search
Search theses and dissertations gathered from participating repositories worldwide. Every result links back to the library that holds it. No account is needed.
Results
Showing 1 to 20 of 48 for “"Long-term Debt"”.
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Effects of Variable Amortization Plans on Borrower and Lender Risk: A Simulation Study of Low Equity Illinois Cash Grain Farms
… problems associated with servicing fixed long term debt commitments from variable annual cash flows. Traditional real estate debt contracts typically specify a fixed periodic repayment schedule. The hypothesis tested here is that variable amortization plans (VAPs) can result in reduced …
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Essays in corporate finance
… of the crisis by exploiting ex-ante variation in long-term debt maturity structure. Using a difference-in-differences matching estimator approach, I find that firms whose long-term debt was largely maturing right after the third quarter of 2007 cut their investment-to-capital ratio by 2.5 …
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Securitization : a platform for organic economic growth in emerging markets : authored
… building a solid economy is the existence of a long term debt market. Long term borrowing is crucial for personal home ownership, the creation of critical infrastructure, and the development of major real estate projects. Most emerging market economies do not have a long term debt market due to …
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The Influence of Financing Structure on Performance of MSMEs in South African: "The Valley of Death"
… on large enterprises, have revealed that debt financing structure influences enterprise performance. Though the issue has been extensively researched, micro, small, and medium-sized enterprises (MSMEs) have traditionally been operating differently as compared to large enterprises in terms …
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Essays on Debt Maturity
<p>I study firms' debt maturity decisions. I provide two models for optimal debt maturity choices when facing stochastic productivity and rollover risk. The first model is based on firms' need to smooth their capital when facing uncertainties in external financing. When the capital market freezes, …
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Effects of Capital Structure on Company Performance, A Perspective of Small Cap Companies In South Africa
… Africa. A quantitative research was used to determine the relationship between the independent variables (capital structure variables of trade finance, long-term debt and short-term debt) and the dependent variable (financial performance which was measured using: 1. return on assets (ROA); 2. …
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An examination of the effect of the global financial crisis on the link between capital structure and firm performance
… performance. The ratios of total liabilities, long term liabilities and short-term liabilities to total assets are used as proxies for capital structure. The study uses firm size, liquidity, and tangibility as control variables. The main findings based on the link between capital structure and …
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The relationship between access to debt finance and viability of small & medium enterprises in Zimbabwe
… the relationship between the level of access to debt finance and viability among 41 randomly selected SMEs operating in the agricultural sector in Zimbabwe for the period 2011 and 2014 using descriptive statistical analysis and panel data regression analysis. The study found that viability is …
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The Restaurant Industry: Business Cycles, Strategic Financial Practices, Economic Indicators, and Forecasting
… industry business expansion but did not terminate it. Restaurant industry growth cycles, then, tend to be relatively symmetrical: since 1970 the average duration was about 2.25 years for both expansion (L-H) and contraction (H-L). In contrast, the restaurant industry business cycles in …
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Market timing and cost of capital of the firm
… (2003) indicate that firm managers try to time debt markets based on term spreads or excess bond returns when choosing the maturity of new debt issues. Whether debt market timing increases firm value via a reduced cost of capital is an empirical question. I examine differences in firm value …
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The determinants of capital structure : a study of industrial firms listed on the JSE
… intends to offer further insight into the determinants of capital structure of industrial firms listed on the Johannesburg Stock Exchange. The amount of debt in a firm is an indication of leverage and this study uses various different ratios as a proxy for capital structure. Using multiple …
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Pengaruh debt ratio, debt to equity ratio, longterm debt to equity ratio, kepemilikan institusional dan kepemilikan manajerial terhadap profitabilitas pada Perusahaan LQ 45
… yang terdaftar di Bursa Efek Indonesia yang termasuk dalam LQ 45. Pengambilan sampel yang dilakukan menggunakan purposive sampling dengan kriteria yang ditetapkan. Berdasarkan analisis yang telah dilakukan dalam penelitian ini dapat disimpulkan bahwa: Secara simultan struktur modal dan …
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Midwest Subcontracting, Inc.
… of Midwest's size and general type. | Midwest's Long-Term Debt for Equipment had grown to $389,000 by early June. Tills amount could be paid-off without penalty for $329,000 while replacement costs for this same equipment were estimated at $465,000. The market for used equipment had been …
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Determinants of Bond Market Development in Emerging and Developing Economies
… of local currency bond market development determinants in Emerging Market Economies (EMEs) is considered important when most EMEs and developing countries are shifting from issuing long-term debt securities in foreign currency denominations to their respective local currencies. This …
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Essays In Finance And Macroeconomics
… rights to creditors. I develop a model with long-term debt where shareholders cannot commit to not dilute creditors in the future with new debt issuances and risky investments. Creditors intervene upon violations of covenant restrictions and restructure the debt without ex ante commitment. My …
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Change in Corporate debt levels in South Africa from 1994 to 2016
… aims to investigate the change in corporate debt levels in South Africa from 1994 to 2016, included is an analysis of factors that firms take into consideration when determining the company’s capital structure. This study uses data from firms in the Real Estate and REIT, Travel and Leisure …
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Municipal Bonds for Financing India's Urban Infrastructure: The Case of Indore
… option for accessing the capital market for long-term debt to finance urban infrastructure. India’s history with municipal bonds dates back to the mid-1990s, yet its municipal bond market is shallow and urban local bodies remain highly underleveraged. Recent initiatives aimed at developing …
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Lease Purchase Financing: The Processes and Impact on New School Construction in Texas
… of new facilities in Texas. It sought to determine the impact of lease purchase financing and the characteristics of those districts that have utilized lease purchase financing for the purpose of new school construction. A two pronged approach was used for the study, both quantitative and …
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Paths toward the modern fiscal state : England (1642-1752), Japan (1868-1895), and China (1850-1911)
… to mobilize financial resources either through long-term borrowing or issuing paper notes. The modem fiscal state greatly enhanced state capacity and stimulated financial development; it thus represented a crucial stage in the transformation from early modem to modem state and economy. My …
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