Capital Structure and the Substitutability versus Complementarity Nature of Leases and Debt*
Author:
Affiliation:
1. Institute for Real Estate Studies, The Pennsylvania State University
2. M&T Bank Corporation
3. National Central University
4. Zicklin School of Business, CUNY-Baruch College
Publisher
Oxford University Press (OUP)
Subject
Finance,Economics and Econometrics,Accounting
Link
http://academic.oup.com/rof/article-pdf/23/3/659/28602702/rfy004.pdf
Reference47 articles.
1. The term structure of lease rates with endogenous default triggers and tenant capital structure: theory and evidence;Agarwal;Journal of Financial and Quantitative Analysis,2011
2. Credit risk and the term structure of lease rates: a reduced from approach;Ambrose;Journal of Real Estate Finance and Economics,2008
3. The leasing puzzle;Ang;Journal of Finance,1984
4. An empirical study of the debt displacement effects of leasing;Bayliss;Financial Management,1986
Cited by 6 articles. 订阅此论文施引文献 订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献
1. A reduced-form model for lease contract valuation with embedded options;Review of Quantitative Finance and Accounting;2023-11-10
2. Contingent convertible lease modeling and credit risk management;Financial Innovation;2022-09-29
3. What we know and what we should know about speed of capital structure adjustment: a retrospective using bibliometric and system thinking approach;Qualitative Research in Financial Markets;2022-09-14
4. Operating lease obligations and corporate cash management;Journal of Corporate Finance;2021-08
5. Are leases substitutes or complements to debt? Insights from an analysis of debt covenants;Review of Accounting and Finance;2020-06-20
1.学者识别学者识别
2.学术分析学术分析
3.人才评估人才评估
"同舟云学术"是以全球学者为主线,采集、加工和组织学术论文而形成的新型学术文献查询和分析系统,可以对全球学者进行文献检索和人才价值评估。用户可以通过关注某些学科领域的顶尖人物而持续追踪该领域的学科进展和研究前沿。经过近期的数据扩容,当前同舟云学术共收录了国内外主流学术期刊6万余种,收集的期刊论文及会议论文总量共计约1.5亿篇,并以每天添加12000余篇中外论文的速度递增。我们也可以为用户提供个性化、定制化的学者数据。欢迎来电咨询!咨询电话:010-8811{复制后删除}0370
www.globalauthorid.com
TOP
Copyright © 2019-2024 北京同舟云网络信息技术有限公司 京公网安备11010802033243号 京ICP备18003416号-3