Show simple item record

AuthorMimouni, Karim
AuthorTemimi, Akram
AuthorGoaied, Mohamed
AuthorZeitun, Rami
Available date2020-05-15T00:15:04Z
Publication Date2019
Publication NameEmerging Markets Finance and Trade
ResourceScopus
ISSN1540496X
URIhttp://dx.doi.org/10.1080/1540496X.2018.1425835
URIhttp://hdl.handle.net/10576/14934
AbstractThis article contributes to the existent literature on corporate debt maturity by studying a new channel through which firms may mitigate the effects of a major economic downturn such as the 2008 global financial crisis. More specifically, using a sample of 208 listed firms in the Gulf Cooperation Council (GCC) region, we find that an increase in firms' current ratios after the crisis is associated with an increase in long-term financing. We also find that a financially constrained firm can still access long-term financing if its current ratio after the crisis is beyond a specific threshold. Additionally, we highlight the differences in the typical drivers of debt structure between GCC countries and industries. , Copyright Taylor & Francis Group, LLC.
Languageen
PublisherRoutledge
Subjectdebt maturity
financial constraints
financial crisis
G3
GCC countries
leverage
liquidity
TitleThe Impact of Liquidity on Debt Maturity After a Financial Crisis: Evidence from the Gulf Cooperation Council Region
TypeArticle
Pagination181-200
Issue Number1
Volume Number55


Files in this item

FilesSizeFormatView

There are no files associated with this item.

This item appears in the following Collection(s)

Show simple item record