Dr Rataporn Deesomsak rataporn.deesomsak@durham.ac.uk
Associate Professor
Debt maturity structure and the 1997 Asian financial crisis
Deesomsak, R.; Paudyal, K.; Pescetto, G.
Authors
K. Paudyal
G. Pescetto
Abstract
The paper investigates the effects of firm-specific and country-specific characteristics, and the 1997 Asian financial crisis on the debt maturity structure of firms in the Asia Pacific region. The results indicate that firms in this region have a target optimal debt maturity structure, and the maturity structure decision of a firm is driven by both its own characteristics and the economic environment. They also reveal that the crisis had significant effect on firm's debt maturity structure and their determinants.
Citation
Deesomsak, R., Paudyal, K., & Pescetto, G. (2009). Debt maturity structure and the 1997 Asian financial crisis. Journal of Multinational Financial Management, 19(1), 26-42. https://doi.org/10.1016/j.mulfin.2008.03.001
Journal Article Type | Article |
---|---|
Publication Date | Feb 1, 2009 |
Deposit Date | May 22, 2009 |
Publicly Available Date | Mar 28, 2024 |
Journal | Journal of Multinational Financial Management |
Print ISSN | 1042-444X |
Publisher | Elsevier |
Peer Reviewed | Peer Reviewed |
Volume | 19 |
Issue | 1 |
Pages | 26-42 |
DOI | https://doi.org/10.1016/j.mulfin.2008.03.001 |
Keywords | Debt maturity structure, Asia Pacific region, Financial crisis. |
Public URL | https://durham-repository.worktribe.com/output/1530012 |
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Accepted Journal Article
(440 Kb)
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