The Effects of Short-Term Liabilities on Profitability: The Case of Germany

Please use this identifier to cite or link to this item: http://dspace.mediu.edu.my:8181/xmlui/handle/10419/18528

Full metadata record

DC Field	Value	Language
dc.creator	Baum, Christopher F.	-
dc.creator	Schäfer, Dorothea	-
dc.creator	Talavera, Oleksandr	-
dc.date	2006	-
dc.date.accessioned	2013-10-16T07:00:26Z	-
dc.date.available	2013-10-16T07:00:26Z	-
dc.date.issued	2013-10-16	-
dc.identifier	http://hdl.handle.net/10419/18528	-
dc.identifier	ppn:519886127	-
dc.identifier.uri	http://koha.mediu.edu.my:8181/xmlui/handle/10419/18528	-
dc.description	Using data from Germany this paper examines the direct effect of non-financial firms' use of short-term versus long-term liabilities. We develop a structural model of a firm's value maximization problem that predicts that profitability of the firm will change if firms alter their use of short-term versus long-term liabilities. We find that firms that rely more heavily on short-term liabilities are likely to be more profitable.	-
dc.language	eng	-
dc.publisher	Deutsches Institut für Wirtschaftsforschung (DIW) Berlin	-
dc.relation	DIW-Diskussionspapiere 635	-
dc.rights	http://www.econstor.eu/dspace/Nutzungsbedingungen	-
dc.subject	G32	-
dc.subject	G30	-
dc.subject	ddc:330	-
dc.subject	profitability	-
dc.subject	short-term liabilities	-
dc.subject	maturity structure	-
dc.subject	capital structure	-
dc.subject	Verbindlichkeiten	-
dc.subject	Laufzeit	-
dc.subject	Rentabilität	-
dc.subject	Kapitalstruktur	-
dc.subject	Deutschland	-
dc.title	The Effects of Short-Term Liabilities on Profitability: The Case of Germany	-
dc.type	doc-type:workingPaper	-
dc.coverage	1988-2000	-
Appears in Collections:	EconStor

Files in This Item:

There are no files associated with this item.

DSpace JSPUI