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Showing 1 to 2 of 2 for “"debt capital structure"”.

  1. The impact of fair value disclosure on bond risk premium and debt capital structure

    … US industrial firms, the main test compares the debt relevance, defined as the contemporaneous association between balance sheet variables and the bond risk premium, between firms having fair-value-oriented balance sheets and firms having historical-cost-based balance sheets. Results show that …

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  2. Essays in corporate finance and financial institutions

    Chi: Subsidiary Debt, Capital Structure, and Internal Capital Markets I investigate external subsidiary debt financing and its implications for internal capital markets. I find that firms tend to finance business segments with subsidiary debt when those segments have better investment opportunities …

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