This paper examines the relation between chief executive officer (CEO) inside debt holdings and corporate debt maturity. We provide robust evidence that inside debt has a positive effect on short-maturity debt and that this effect is concentrated in financially unconstrained firms that face...

This study provides new insights on the relationship between corporate debt maturity and agency costs by investigating empirically the impact of managerial ownership and the divergence between control and cash-flow rights on debt maturity. A significant negative effect of managerial ownership on...

This empirical research study deals with an interesting, yet little explored, comparative relationship between cost of equity capital and leverage in matched sets of U.S. domestic firms and multinational corporations (MNCs) in a cross-sectional as well as time-series framework. Applying the...