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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| Formato: | workingPaper |
| Idioma: | eng |
| Publicado em: |
2018
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| Texto completo: | http://hdl.handle.net/10400.14/25174 |
| País: | Portugal |
| Oai: | oai:repositorio.ucp.pt:10400.14/25174 |