This thesis consists of four chapters that empirical explore issues related to bank credit supply, corporate bankruptcy risk, and firms’ leverage decisions. The first chapter explores the role of contractual externalities in loan contracts. The second chapter evaluates the extent trade credit chains between corporate firms lead to propagation of corporate failures. The third chapter explores non-linear relationships between firm failure and leverage, earnings, and liquidity. The final chapter studies the importance of credit supply frictions on corporate capital structure.
|Qualification||Doctor of Philosophy|
|Award date||7 Dec 2012|
|Place of Publication||Tilburg|
|Publication status||Published - 2012|