Debt maturity structure and the 1997 asian financial crisis

Paudyal, Krishna and Deesomsak, R and Pescetto, G (2009) Debt maturity structure and the 1997 asian financial crisis. Journal of Multinational Financial Management, 19 (1). pp. 26-42.

Full text not available in this repository.Request a copy from the Strathclyde author

Abstract

The paper investigates the effects of firm-specific and country-specific characteristics, and the 1997 Asian financial crisis on the debt maturity structure of firms in the Asia Pacific region. The results indicate that firms in this region have a target optimal debt maturity structure, and the maturity structure decision of a firm is driven by both its own characteristics and the economic environment. They also reveal that the crisis had significant effect on firm's debt maturity structure and their determinants.

ORCID iDs

Paudyal, Krishna ORCID logoORCID: https://orcid.org/0000-0002-0372-304X, Deesomsak, R and Pescetto, G;