How Can We Explain the Dynamics in Debt Maturities of Firms ?

Patrice Fontaine (1, 2) , Sujiao Zhao (2, 1)

1 EUROFIDAI - Institut Européen de données financières
2 CERAG - Centre d'études et de recherches appliquées à la gestion

The current paper examines the driving forces of debt maturity dynamics. This is the first attempt ever made to explain debt maturity dynamics from the perspectives of variations in conventional debt maturity determinants, firm's incentive to approach the target debt maturity and the influence of the existence of exxtreme of extreme debt maturity users.

Mots clés: extreme cases; targeting : conventional determinants; debt maturity; dynamics

Domaines: Gestion et management

Patrice Fontaine, Sujiao Zhao. How Can We Explain the Dynamics in Debt Maturities of Firms ?. 2014, 46 p. ⟨halshs-01181200⟩