Purpose -This paper aims to investigate the determinants of choice between private and public debt for British and German listed companies. Design/methodology/approach - The paper is based on three strands of theories: the “liquidation and renegotiation” hypothesis; the “moral hazard and...

Purpose –The paper seeks to investigate conditional correlations and conditional volatility spillovers across international stock markets and industrial sectors from the perspective of the UK investor. Design/methodology/approach -Utilizing the DCC model, the paper extracts the time-varying...

Purpose – The paper seeks to investigate conditional correlations and conditional volatility spillovers across international stock markets and industrial sectors from the perspective of the UK investor. Design/methodology/approach – Utilizing the DCC model, the paper extracts the...

Purpose – This paper aims to investigate the determinants of choice between private and public debt for British and German listed companies. Design/methodology/approach – The paper is based on three strands of theories: the “liquidation and renegotiation” hypothesis; the “moral hazard...