Corporate debt maturity and future firm performance volatility

QR Code

Corporate debt maturity and future firm performance volatility

We propose a simple idea that corporate debt maturity should serve as a good indicator of future firm performance volatility. We show in a simple two-period model that the riskiness of corporate investment is a decreasing function of corporate debt maturity. If “observable” corporate debt maturity a...

Full description

Bibliographic Details
Main Authors:	Sato, Meg Adachi, Vithessonthi, Chaiporn *
Format:	Article
Language:	English
Published:	Elsevier 2018
Subjects:	HF Commerce HG Finance
Online Access:	http://eprints.sunway.edu.my/940/ http://eprints.sunway.edu.my/940/1/Chaiporn%20Corporate%20Debt%20Maturity.pdf

Similar Items

Bank systemic risk and corporate investment: Evidence from the US
by: Adachi-Sato, Meg, et al.
Published: (2017)

Monetary policy, bank lending and corporate investment
by: Vithessonthi, Chaiporn *, et al.
Published: (2017)

The firm-specific determinants of corporate debt maturity : a study of Malaysian firms / Amirali Moeini Chaghervand.
by: Chaghervand, Amirali Moeini
Published: (2011)

The impact of the banking sector on economic structure and growth
by: Tongurai, Jittima, et al.
Published: (2018)

The effect of debt restructuring scheme on the performances of Malaysian firms
by: Azman, Sariati
Published: (2003)

The impact of debt to share price volatility
by: Chin, Chia Mun, et al.
Published: (2013)

The effect of financial market development on capital and debt maturity structure of firms in selected African countries / Oyebola Fatima Etudaiye-Muhtar
by: Oyebola Fatima, Etudaiye-Muhtar
Published: (2016)

Determinants and managerial trustworthiness in the capital structure and debt maturity: Evidence from Shariah compliant and conventional firms in Pakistan / Naveeda Akhter Katper
by: Naveeda Akhter , Katper
Published: (2018)

The subprime crisis and stock index futures markets integration
by: Karim, Bakri Abdul, et al.
Published: (2011)

Environmental, social and governance initiatives and wealth creation for firms: An empirical examination
by: Bhaskaran, Rajesh Kumar, et al.
Published: (2020)

Foreign currencies exposures of Malaysia firms : does hedging strategy explain stock returns?
by: Chang, Hui Siang
Published: (2011)

Corporate boards and performance pricing in private debt contracts
by: Abu Bakar, Intan Suryani, et al.
Published: (2018)

Corporate governance mechanisms and earnings management in Malaysian government linked companies. The impact of GLCs transformation policy
by: Mohamad, Muslim Har Sani, et al.
Published: (2010)

Dividend, debt and other variables influence firm performance in listed Malaysia’s consumer product companies.
by: Low, Wai Chin, et al.
Published: (2011)

Debt fnancing and firm performance: an analysis of Securities Commission of Malaysia 2013 revised shariah approved firms screening method
by: Ramli, Nurshamimitul Ezza, et al.
Published: (2020)

Study Of The Determinants Of Debt-Equity Choice In The Malaysian Corporate Sector
by: Sarada, L.
Published: (2008)

Measuring service quality : a case study of United Malayan Banking Corporation Berhad / Nor Izah bt. Raja Jaafar
by: Raja Jaafar, Nor Izah
Published: (1996)

The impacts of cash flow volatility on Chinese firms: investment, debt maturity, cost of capital
by: Yu, Zichen
Published: (2019)

Relationship between bond and stock market performance in Malaysia, Singapore and south Korea.
by: Phang, Chia Yi
Published: (2013)

Measuring unit trust fund performance using different benchmarks / Aw Mee Wah
by: Aw, Mee Wah
Published: (1997)

The logistics factors that affecting the business performance of small and medium enterprises (SMEs) in Malaysia: evidence from Perak
by: Keok, Kenny Yun Kiet
Published: (2017)

Determinants of Capital Structure for Malaysian Shariah-Compliant Firms: The Impact of Revised Screening Methodology
by: Rahim, Norfhadzilahwati, et al.
Published: (2019)

Firm value and the tax benefits of debt : a study on public listed company in Malaysia / Izam Syaharadzi bin Ahmad Sofian
by: Izam Syaharadzi, Ahmad Sofian
Published: (2010)

The relationship between corporate governance attributes and firm performance
by: Alhaji, Idris Adamu
Published: (2012)

The implementation of Malaysian code of corporative governance (MCCG) 2000 & 2007 : does it imporve the performance of Malaysia firms?
by: Voon, Kian Tark.
Published: (2011)

Debt Maturity, Underinvestment Problem And Corporate Value
by: Lee, Karren -Hwei Khaw, et al.
Published: (2016)

The impact of Ijarah/lease financing on Malaysian Islamic bank performance
by: Yusuf, Mohamud Said, et al.
Published: (2021)

Corporate strategies for a local construction firm / Tang Weng Yin
by: Tang, Weng Yin
Published: (1999)

Corporate governance and financial performance: Empirical evidence from public listed construction companies in Malaysia
by: Noordin, Nazrul Hazizi, et al.
Published: (2017)

Debt determinants of shariah approved firms: Empirical evidence from Malaysia
by: Ramli, Nurshamimitul Ezza, et al.
Published: (2016)

Islamic capital market and debt financing of Shariah-compliant firms in Indonesia
by: Haron, Razali, et al.
Published: (2016)

Ownership structure of family-owned firms and debt financing. evidence on shari’ah-compliant firms in Malaysia
by: Haron, Razali
Published: (2017)

Corporate governance and firm performance in an emerging market: the case of Malaysian firms
by: Haron, Razali, et al.
Published: (2020)

FDI and debt: The evidence in EU-10
by: Chong, Yee Theng, et al.
Published: (2013)

Bond market volatility versus stock market volatility in Malaysia / Chia Chin Kuan.
by: Chia, Chin Kuan
Published: (2003)

Debt determinants of shari’ah approved firms: Empirical evidence from Malaysia
by: Ramli, Nurshamimitul Ezza, et al.
Published: (2017)

Corporate debt maturity structure: the role of firm level and institutional determinants in selected African countries
by: Etudaiye-Muhtar, Oyebola Fatima, et al.
Published: (2017)

The strategy of Islamic banks and its impact on financing small industry in Libya: A case study of Jumhuriah Bank / Mustfa A. Muftah
by: Mustfa , A. Muftah
Published: (2018)

Absolute assignment in takāful industry: Sharī‘ah contracts, issues and solutions
by: Ibrahim, Ahmad Basri, et al.
Published: (2015)

Key factors influencing women micro-entrepreneurs to use Ar-Rahnu: evidence from Siti Khadijah’s Market, Kelantan
by: Nik Azman, Nik Hadiyan, et al.
Published: (2015)