Essays about: "Debt Overhang Theory."

Found 4 essays containing the words Debt Overhang Theory..

  1. 1. THE NATURE OF FOREIGN AID AND ITS IMPACT ON NIGERIA’S ECONOMIC DEVELOPMENT

    University essay from Lunds universitet/Sociologiska institutionen; Lunds universitet/Sociologi

    Author : Paschal Okuji; [2023]
    Keywords : Foreign Aid; Economic Development; Nigeria; Dependency Theory; Debt Overhang Theory.; Social Sciences;

    Abstract : This study is an investigative inquiry into the nature of foreign aid and its impact on Nigeria’s economic development. The role of foreign aid in the growth process of developing countries has been an issue of intense debate. Foreign aid is an important issue given its implications for poverty reduction in developing countries. READ MORE

  2. 2. Financial Leverage and Market Return: Empirical Evidence from US Market Indices.

    University essay from Lunds universitet/Företagsekonomiska institutionen

    Author : Ernest Agyei; [2020]
    Keywords : Firm Performance Market return Leverage Debt Overhang theory Irrelevance theory US stock indices Free cash flow theory; Business and Economics;

    Abstract : This paper is to empirically investigate the relationship between leverage and firm performance if any exists, “what is the direction of the relation?” as well as test the possibility of a non-monotonic relationship. Panel regression analysis is used for this study while using asset tangibility as an instrumental variable. READ MORE

  3. 3. Debt Overhang and the Effects on Developing and Developed Economies

    University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomi

    Author : Fredrik Sundell; Michael Lemdal; [2011]
    Keywords : Debt Overhang; External Debt; Investments; Promised Payments; PIIGS;

    Abstract : This paper explores the connection between debt, future payments and investments which is part of the debt overhang hypothesis. The purpose of the paper is to expand the understanding of debt overhang and to examine its effects on developing and developed countries. READ MORE

  4. 4. The Limitations of Debt Relief. A critical study of the theoretical and empirical support for debt relief as a development assistance instrument

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Anders Pettersson; [2005]
    Keywords : debt relief; foreign aid; debt overhang; investments; additionality; Economics; econometrics; economic theory; economic systems; economic policy; Nationalekonomi; ekonometri; ekonomisk teori; ekonomiska system; ekonomisk politik; Business and Economics;

    Abstract : From the early 1990s and onwards the use of debt relief as a method of providing development assistance has become increasingly popular, especially since the launch of the HIPC initiative in 1996. This thesis aims to investigate the general theoretical and empirical support of the growth enhancing properties of debt relief with regard to low income countries. READ MORE