Article ID Journal Published Year Pages File Type
5089730 Journal of Banking & Finance 2012 21 Pages PDF
Abstract
► We examine the influence of national culture on corporate debt maturity choice. ► Culture could influence the debt maturity choice by shaping contracting environment. ► Firms in countries with high uncertainty avoidance tend to use more short-term debt. ► Firms in countries with high collectivism also tend to use more short-term debt.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
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