Lim, Yuree - In: Cogent economics & finance 12 (2024) 1, pp. 1-17
of each type of debt into account, the researcher fails to validate the non-linear relationship between credit quality … credit, term loan, and capital leases but does not find the same relationship with bonds and notes or trust preferred … securities. Also, this research finds that different types of debt are explained differently by existing debt maturity theory …