Spaliara, Marina-Eliza; Tsoukas, Serafeim - School of Business and Economics, Loughborough University - 2009
In this paper we assess the effects of bond financing on firms' survival during the 1997-98 Asian crisis. Using a novel database covering the period 1995 to 2007 for five Asian economies most affected by the crisis - Indonesia, Korea, Malaysia, Singapore and Thailand - we find strong evidence...
