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題名 The Determinants of Debt Maturity: The Case of Bank Financing in Singapore
作者 陳聖賢
Chen, Sheng-Syan
Ho, Kim Wai
Yeo, Gillian H. H.
貢獻者 財管系
關鍵詞 maturity; bank debt; contract-cost hypothesis; tax hypothesis; signaling hypothesis
日期 1999-06
上傳時間 15-Jun-2018 11:59:19 (UTC+8)
摘要 This study presents important international evidence by examining the determinants of debt maturity of listed firms in Singapore, a major financial center in Asia. We focus on bank debt because it is the principal source of financing for most Singapore firms. We find that consistent with the contracting-cost hypothesis, firms with greater growth opportunities rely more heavily on short-term bank debt whereas larger firms are more likely to use long-term bank debt. In contrast, we find no strong support for either the tax or signaling hypotheses.
關聯 Review of Quantitative Finance and Accounting, Vol.12, No.4, pp.341-350
資料類型 article
DOI https://doi.org/10.1023/A:1008398308408
dc.contributor 財管系zh_TW
dc.creator (作者) 陳聖賢zh_TW
dc.creator (作者) Chen, Sheng-Syanen_US
dc.creator (作者) Ho, Kim Waien_US
dc.creator (作者) Yeo, Gillian H. H.en_US
dc.date (日期) 1999-06
dc.date.accessioned 15-Jun-2018 11:59:19 (UTC+8)-
dc.date.available 15-Jun-2018 11:59:19 (UTC+8)-
dc.date.issued (上傳時間) 15-Jun-2018 11:59:19 (UTC+8)-
dc.identifier.uri (URI) http://nccur.lib.nccu.edu.tw/handle/140.119/117777-
dc.description.abstract (摘要) This study presents important international evidence by examining the determinants of debt maturity of listed firms in Singapore, a major financial center in Asia. We focus on bank debt because it is the principal source of financing for most Singapore firms. We find that consistent with the contracting-cost hypothesis, firms with greater growth opportunities rely more heavily on short-term bank debt whereas larger firms are more likely to use long-term bank debt. In contrast, we find no strong support for either the tax or signaling hypotheses.en_US
dc.format.extent 64432 bytes-
dc.format.mimetype application/pdf-
dc.relation (關聯) Review of Quantitative Finance and Accounting, Vol.12, No.4, pp.341-350zh_TW
dc.subject (關鍵詞) maturity; bank debt; contract-cost hypothesis; tax hypothesis; signaling hypothesisen_US
dc.title (題名) The Determinants of Debt Maturity: The Case of Bank Financing in Singaporeen_US
dc.type (資料類型) article
dc.identifier.doi (DOI) 10.1023/A:1008398308408
dc.doi.uri (DOI) https://doi.org/10.1023/A:1008398308408