Essays about: "Andreas Joha"

Found 1 essay containing the words Andreas Joha.

  1. 1. Corporate Cash Holdings and the Refinancing Risk of Bank Debt and Non-Bank Debt

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Andreas Joha; Tomas Neumüller; [2015]
    Keywords : Debt financing; Cash holdings; Capital structure; Bank lending; Refinancing risk;

    Abstract : We empirically examine the relationship between a firm's debt composition and refinancing risk. In particular, we analyze the effects of non-bank debt on refinancing risk as the existing literature shows that both the ex-ante and ex-post costs of refinancing problems are higher for non-bank debt than for bank debt. READ MORE