Debt Maturity, Risk, and Asymmetric Information /
We test the implications of Flannery's (1986) and Diamond's (1991) models concerning the effects of risk and asymmetric information in determining debt maturity, and we examine the overall importance of informational asymmetries in debt maturity choices. We employ data on over 6,000 commer...
| المؤلف الرئيسي: | |
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| مؤلفون آخرون: | , , |
| التنسيق: | دورية |
| اللغة: | English |
| منشور في: |
Washington, D.C. :
International Monetary Fund,
2005.
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| سلاسل: | IMF Working Papers; Working Paper ;
No. 2005/201 |
| الوصول للمادة أونلاين: | Full text available on IMF |