Debt-maturity, corporate diversification and relatedness

被引:1
|
作者
La Rocca, Tiziana [1 ]
机构
[1] Univ Calabria, Dept Business Adm, I-87036 Arcavacata Di Rende, Italy
关键词
DETERMINANTS;
D O I
10.1080/13504851003689635
中图分类号
F [经济];
学科分类号
02 ;
摘要
The aim of this study is to analyse the financing choices of multibusiness firms, in terms of debt-maturity. The results suggest that the degree of product diversification and the direction of diversification (related or unrelated) translate into different corporate financial behaviours. In particular, diversification related or unrelated had opposite effects on debt-maturity; the former strategy has a negative effect whereas the latter has a positive influence on debt-maturity.
引用
收藏
页码:395 / 398
页数:4
相关论文
共 50 条
  • [31] The Relation between Corporate and Government Debt Maturity in Europe
    Lugo, Stefano
    Piccillo, Giulia
    JOURNAL OF FINANCIAL AND QUANTITATIVE ANALYSIS, 2019, 54 (05) : 2119 - 2140
  • [32] Human capital in the financial sector and corporate debt maturity
    Liu, Guanchun
    Liu, Yuanyuan
    Zhang, Chengsi
    CHINA ECONOMIC REVIEW, 2021, 69
  • [33] Corporate debt maturity and investment over the business cycle
    Poeschl, Johannes
    EUROPEAN ECONOMIC REVIEW, 2023, 152
  • [34] Industry peer effect and the maturity structure of corporate debt
    Duong, Hong Kim
    Anh Duc Ngo
    McGowan, Carl B.
    MANAGERIAL FINANCE, 2015, 41 (07) : 714 - 733
  • [35] Corporate debt maturity and future firm performance volatility
    Adachi-Sato, Meg
    Vithessonthi, Chaiporn
    INTERNATIONAL REVIEW OF ECONOMICS & FINANCE, 2019, 60 : 216 - 237
  • [36] Effects of corporate tax reform on optimum debt maturity
    Nam C.W.
    Radulescu D.M.
    Annals of Finance, 2010, 6 (3) : 369 - 389
  • [37] Ownership structure, control contestability, and corporate debt maturity
    Ben-Nasr, Hamdi
    Boubaker, Sabri
    Rouatbi, Wael
    JOURNAL OF CORPORATE FINANCE, 2015, 35 : 265 - 285
  • [38] Debt, Maturity, and Corporate Governance: Evidence from Korea
    Kim, Hakkon
    EMERGING MARKETS FINANCE AND TRADE, 2015, 51 : 3 - 19
  • [39] Oil price uncertainty and corporate debt maturity structure
    Hasan, Mostafa Monzur
    Asad, Suzona
    Wong, Jin Boon
    FINANCE RESEARCH LETTERS, 2022, 46
  • [40] Pandemic shock, debt maturity structure and corporate performance
    Wang, Zhenshan
    Feng, Dandan
    Li, Chengcheng
    ACCOUNTING AND FINANCE, 2024,