Detailed Information
Cited 0 time in 
Cited 0 time in 
Cited 0 time in
Metadata Downloads
Firm-level political risk and external financing choices
Full metadata record
| DC Field | Value | Language |
|---|---|---|
| dc.contributor.author | Jang, Soomi | - |
| dc.contributor.author | Choi, Heeick | - |
| dc.contributor.author | Kim, Hyung Tae | - |
| dc.date.accessioned | 2023-11-14T08:31:11Z | - |
| dc.date.available | 2023-11-14T08:31:11Z | - |
| dc.date.created | 2023-09-11 | - |
| dc.date.issued | 2023-12 | - |
| dc.identifier.issn | 1544-6123 | - |
| dc.identifier.uri | https://scholarworks.bwise.kr/hanyang/handle/2021.sw.hanyang/192263 | - |
| dc.description.abstract | This study investigates the association between firm-level political risk and external financing choices. We find that firm-level political risk is positively related to net equity issuance but is insignificantly associated with net debt issuance. The evidence shows that precautionary savings, market timing, and internal financial constraints could explain the positive relation between firm-level political risk and net equity issuance. Overall, our findings suggest that firms exposed to higher political risk issue more equity than debt as a source of external financing. | - |
| dc.language | 영어 | - |
| dc.language.iso | en | - |
| dc.publisher | Elsevier Ltd | - |
| dc.title | Firm-level political risk and external financing choices | - |
| dc.type | Article | - |
| dc.contributor.affiliatedAuthor | Jang, Soomi | - |
| dc.identifier.doi | 10.1016/j.frl.2023.104337 | - |
| dc.identifier.scopusid | 2-s2.0-85169447752 | - |
| dc.identifier.wosid | 001067288700001 | - |
| dc.identifier.bibliographicCitation | FINANCE RESEARCH LETTERS, v.58, pp.1 - 9 | - |
| dc.relation.isPartOf | FINANCE RESEARCH LETTERS | - |
| dc.citation.title | FINANCE RESEARCH LETTERS | - |
| dc.citation.volume | 58 | - |
| dc.citation.startPage | 1 | - |
| dc.citation.endPage | 9 | - |
| dc.type.rims | ART | - |
| dc.type.docType | Article | - |
| dc.description.journalClass | 1 | - |
| dc.description.isOpenAccess | N | - |
| dc.description.journalRegisteredClass | ssci | - |
| dc.description.journalRegisteredClass | scopus | - |
| dc.relation.journalResearchArea | Business & Economics | - |
| dc.relation.journalWebOfScienceCategory | Business, Finance | - |
| dc.subject.keywordPlus | POLICY UNCERTAINTY | - |
| dc.subject.keywordPlus | CAPITAL STRUCTURE | - |
| dc.subject.keywordPlus | EQUITY ISSUES | - |
| dc.subject.keywordPlus | CASH HOLDINGS | - |
| dc.subject.keywordPlus | DEBT | - |
| dc.subject.keywordPlus | DETERMINANTS | - |
| dc.subject.keywordPlus | FLOW | - |
| dc.subject.keywordAuthor | Firm-level political risk | - |
| dc.subject.keywordAuthor | External financing | - |
| dc.subject.keywordAuthor | Precautionary savings | - |
| dc.subject.keywordAuthor | Market timing | - |
| dc.subject.keywordAuthor | Internal financial constraints | - |
| dc.identifier.url | https://www.sciencedirect.com/science/article/pii/S1544612323007092?via%3Dihub | - |
- Files in This Item
- Go to Link
- Appears in
Collections - 서울 경영대학 > 서울 파이낸스경영학과 > 1. Journal Articles
Items in ScholarWorks are protected by copyright, with all rights reserved, unless otherwise indicated.
Related Researcher
- Jang, Soomi
- SCHOOL OF BUSINESS (DEPARTMENT OF FINANCE)