Essays about: "debt overhang"

Showing result 6 - 10 of 11 essays containing the words debt overhang.

1. 6. 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

3. 7. Market Reaction to Seasoned Equity Offerings by European Banks during the Recent Financial Crisis

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Pierdomenico Polito; Jannes Pietschmann; [2015]
   Keywords : European banks; Capital ratio; Crisis; Seasoned equity offerings;

   Abstract : This thesis attempts to assess the short-term costs of raising new equity for European banks during the recent crisis. We analyze the effect of seasoned equity offerings (SEOs) on stock prices and CDS spreads, using an event study methodology. READ MORE

4. 8. The effect of external debt on Economic Growth : A panel data analysis on the relationship between external debt and economic growth

   University essay from Institutionen för samhällsvetenskaper

   Author : Dereje Abere Ejigayehu; [2013]
   Keywords : External Debt; Debt overhang; Debt crowding out; debt servicing;

   Abstract : The impact of external debt on economic growth is a debatable issue between scholars since the onset of the debt crisis in 1980’s. This thesis examines whether external debt affects the economic growth of selected heavily indebted poor African countries through the debt overhang and debt crowding out effect. READ MORE

5. 9. 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

6. 10. Value Creation in Buyouts : Value-enhancement practices of private equity firms with a hands-on approach

   University essay from IHH, Företagsekonomi; IHH, Redovisning och finansiering

   Author : Patrik Bengtsson; Ron Nagel; An Nguyen; [2008]
   Keywords : Private equity; Buyouts; Value creation; Hands-on; Active ownership;

   Abstract : Abstract: Swedish private equity firms have demonstrated a historical success in the buyout industry. However, current trends in the industry such as institutional changes, phenomenon of capital overhang and an influx of new entrants have intensified competition among buyout firms. READ MORE