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Corporate Debt Maturity Investment Efficiency by paulsingh030 is a document available to read on EtoBox.
This paper analyzes the impact of corporate debt maturity structure on investment efficiency during rising interest rates, using data from 6,800 non-financial firms across OECD countries. It finds that firms with longer-maturity debt are less sensitive to investment-cash flow changes, while those with short-maturity debt reduce capital expenditures significantly more in response to interest rate hikes. The research highlights the importance of proactive liability management and has implications for corporat
- Author
- paulsingh030
- Language
- EN