Short-term debt exposes firms to credit supply shocks and liquidity risk. Short-term debt can also reduce potential agency conflicts between managers and shareholders by exposing managers to more frequent...
Type de document: Document de travail de recherche sur les politiques
Numéro du rapport: WPS9022
Date du document: 25 septembre 2019
Mode de publication: Disclosed
Auteur: Anginer,Deniz,Demirguc-Kunt,Asli,Tepe,Mete,Simsir,Serif Aziz