Essays about: "capital credit structure"

Showing result 16 - 20 of 51 essays containing the words capital credit structure.

  1. 16. Ratings and Debt: an Analysis of the Link Between Credit Ratings and Capital Structure

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Dominykas Rajuncius; Martin Boström; [2019]
    Keywords : Credit Ratings; Capital Structure; Debt;

    Abstract : In this paper we analyse the link between companies' credit ratings and their capital structure. We aim to determine whether prevailing company level credit ratings affect net issuance of debt. We construct a sample from Northern European countries which consists of 7,848 firm-years from 1990 to 2018. READ MORE

  3. 17. What determines leverage in leveraged buyouts? : A study of debt levels in European LBOs

    University essay from Uppsala universitet/Företagsekonomiska institutionen

    Author : Evelina Gille; Josefine Karlsson; [2019]
    Keywords : Leveraged buyout; LBO; leverage; capital structure; private equity;

    Abstract : This paper examines the main drivers of leverage levels in private equity-sponsored leveraged buyouts (LBOs). In order to find out what drives LBO leverage, we analyse deal financing of 71 European LBO deals completed between 2005 and 2015. READ MORE

  4. 18. Eliminating Cash; cash-free corporate liquidity : A study on the plausibility and efficiency of financial lean

    University essay from KTH/Skolan för industriell teknik och management (ITM)

    Author : Viktor Charpentier; [2019]
    Keywords : Capital structure; capital stack; leverage; cash position; cash holding; interest bearing debt; net debt; operational credit; credit facility; RCF; rolling credit; overdraft account; overdraft; debt overhang; cash pool; liquidity; liquidity management; cash management; working capital; liquidity fluctuations; financial lean; kapitalstruktur; skuldsättning; kassa; räntebärande; nettoskuld; operationell kredit; RCF; revolver; checkräkningskredit; debt overhang; cash pool; likviditet; likviditetspool; cash management; rörelsekapital; finansiell lean;

    Abstract : This paper addresses the problem of a failing net debt approach; deposited funds rarely compensate the cost of debt. Venturing into operational credit facilities, the study evaluates the efficiency and feasibility of transitioning into fully cash-free liquidity management. READ MORE

  5. 19. Creditor rights and corporate leverage during crises

    University essay from Uppsala universitet/Företagsekonomiska institutionen

    Author : Tobias Maier; [2019]
    Keywords : Capital structure; creditor rights; crises;

    Abstract : In research, there has been conflicting theory and evidence about the relation between creditor rights and corporate leverage. On the one hand, the supply-side view states that stronger creditor rights lead to an increased supply of credit and hence, corporate leverage increases. READ MORE

  6. 20. Firm Specific Determinants of Capital Structure - Is Firm's Leverage Determined as a Residual of other Financial Decisions?

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Niklas Schomaker; Daniel Riebler; [2018]
    Keywords : Stability of Capital Structure; Leverage Determinants; Financial Deficit; Credit Ratings; Error Correction Model; Business and Economics;

    Abstract : This thesis empirically investigates the question if US firm’s capital structures are stable over longer periods of time and which firm characteristics drive optimal leverage. The analysis is based on a Compustat panel data sample consisting of 2,900 US firms between 1985 and 2016. READ MORE