The Choice Between Corporate And Structured Financing: Evidence From New Corporate Borrowings

We examine the factors that influence non-financial firms’ choice between corporate financing (CF) and structured finance (SF). Using a sample of 4,970 Western European deals closed between 2000 and 2016, we find that floatation costs, information asymmetry, and renegotiation and liquidation risks a...

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Bibliographic Details
Main Author: Pinto, João (author)
Other Authors: Santos, Mário C. (author)
Format: workingPaper
Language:eng
Published: 2018
Subjects:
Debt financing choice
security design
Off-balance sheet financing
Project finance
Asset securitization
Corporate bonds
Online Access:http://hdl.handle.net/10400.14/25174
Country:Portugal
Oai:oai:repositorio.ucp.pt:10400.14/25174

Internet

http://hdl.handle.net/10400.14/25174

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