Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5089488 | Journal of Banking & Finance | 2012 | 12 Pages |
Abstract
⺠We focus on several Asian bond markets. ⺠We examine the effect of balance sheet information on firms' bond premium. ⺠Firms with better financial health face a lower external finance premium. ⺠Financial strength matters for constrained firms during the Asian crisis. ⺠The recent crisis moderately affected the bond premium for constrained firms.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Paul Mizen, Serafeim Tsoukas,