Corporate Leverage, Debt Maturity and Credit Supply: The Role of Credit Default Swaps

By Alessio Saretto, Heather Tookes. 2013

277 citations recorded by the source corpus.

Subfields: Accounting, Finance

View Paper: https://www.semanticscholar.org/paper/bbf8631a4d1fa6b2f20e33c85c3434d1fe7aa696

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

1. Sarah Qian Wang
2. Patrick Augustin
3. Marti G. Subrahmanyam
4. D. Tang

In Finance

1. Sarah Qian Wang
2. Patrick Augustin
3. Marti G. Subrahmanyam
4. D. Tang

Citations in the corpus

• The impact of climate change on the cost of bank loans (2020, unknown): “Early studies on the impact of CDS on firms and lending practices suggest that CDS can improve lending efficiency for high-quality borrowers (Parlour and Winton 2013) and that firms can maintain higher leverage ratios and longer debt maturities (Saretto and Tookes 2013).”
• Credit Default Swaps: A Survey (2014, background): “Shivakumar et al. [2011] demonstrate that CDS pricing reacts significantly to management forecast news and that the reaction to forecast news is stronger than to actual earnings news.”