Matches in SemOpenAlex for { <https://semopenalex.org/work/W2892351777> ?p ?o ?g. }
Showing items 1 to 63 of
63
with 100 items per page.
- W2892351777 abstract "There are situations in which dispersed creditors (e.g., public creditors) have more difficulties and higher costs when collecting their claims in financial distress than concentrated creditors (e.g., banks). Under this assumption, our model predicts that measures of debt concentration relate [a] positively to creditors' chosen aggregate debt collection expenditures; [b] positively to management's chosen expenditures to avoid paying; [c] positively to total net litigation costs/waste in financial distress; and [d] positively to accomplished claim recovery by creditors (to which we present some preliminary favorable empirical evidence). Under additional assumptions, measures of debt concentration relate [e] positively to intrinsic firm quality; [f] positively to creditor monitoring and negatively to managerial waste; [g] positively to optimal continuation/discontinuation choices; [h] negatively to issuing marketing expenses. In a signaling model, when concentration alone is not a sufficient signal, firms choose the ultimately concentrated debt (i.e., a house bank) and have to pay a high interest." @default.
- W2892351777 created "2018-09-27" @default.
- W2892351777 creator A5005347377 @default.
- W2892351777 creator A5071794699 @default.
- W2892351777 date "2001-12-01" @default.
- W2892351777 modified "2023-09-27" @default.
- W2892351777 title "The Optimal Concentration of Creditors" @default.
- W2892351777 hasPublicationYear "2001" @default.
- W2892351777 type Work @default.
- W2892351777 sameAs 2892351777 @default.
- W2892351777 citedByCount "4" @default.
- W2892351777 crossrefType "posted-content" @default.
- W2892351777 hasAuthorship W2892351777A5005347377 @default.
- W2892351777 hasAuthorship W2892351777A5071794699 @default.
- W2892351777 hasConcept C10138342 @default.
- W2892351777 hasConcept C120527767 @default.
- W2892351777 hasConcept C141071460 @default.
- W2892351777 hasConcept C144133560 @default.
- W2892351777 hasConcept C159091798 @default.
- W2892351777 hasConcept C162324750 @default.
- W2892351777 hasConcept C2778715236 @default.
- W2892351777 hasConcept C2984760201 @default.
- W2892351777 hasConcept C556758197 @default.
- W2892351777 hasConcept C71924100 @default.
- W2892351777 hasConcept C73283319 @default.
- W2892351777 hasConceptScore W2892351777C10138342 @default.
- W2892351777 hasConceptScore W2892351777C120527767 @default.
- W2892351777 hasConceptScore W2892351777C141071460 @default.
- W2892351777 hasConceptScore W2892351777C144133560 @default.
- W2892351777 hasConceptScore W2892351777C159091798 @default.
- W2892351777 hasConceptScore W2892351777C162324750 @default.
- W2892351777 hasConceptScore W2892351777C2778715236 @default.
- W2892351777 hasConceptScore W2892351777C2984760201 @default.
- W2892351777 hasConceptScore W2892351777C556758197 @default.
- W2892351777 hasConceptScore W2892351777C71924100 @default.
- W2892351777 hasConceptScore W2892351777C73283319 @default.
- W2892351777 hasLocation W28923517771 @default.
- W2892351777 hasOpenAccess W2892351777 @default.
- W2892351777 hasPrimaryLocation W28923517771 @default.
- W2892351777 hasRelatedWork W1542284545 @default.
- W2892351777 hasRelatedWork W1992868825 @default.
- W2892351777 hasRelatedWork W2071659251 @default.
- W2892351777 hasRelatedWork W2089609475 @default.
- W2892351777 hasRelatedWork W2109360003 @default.
- W2892351777 hasRelatedWork W2144165395 @default.
- W2892351777 hasRelatedWork W2151465797 @default.
- W2892351777 hasRelatedWork W2343352371 @default.
- W2892351777 hasRelatedWork W2349134040 @default.
- W2892351777 hasRelatedWork W2410968414 @default.
- W2892351777 hasRelatedWork W2477008408 @default.
- W2892351777 hasRelatedWork W2550405448 @default.
- W2892351777 hasRelatedWork W2727819073 @default.
- W2892351777 hasRelatedWork W2911863742 @default.
- W2892351777 hasRelatedWork W3099612439 @default.
- W2892351777 hasRelatedWork W3139205066 @default.
- W2892351777 hasRelatedWork W3201480351 @default.
- W2892351777 hasRelatedWork W42979757 @default.
- W2892351777 hasRelatedWork W84738183 @default.
- W2892351777 hasRelatedWork W2191403572 @default.
- W2892351777 isParatext "false" @default.
- W2892351777 isRetracted "false" @default.
- W2892351777 magId "2892351777" @default.
- W2892351777 workType "article" @default.