- Social sciences, law, economics
- Economics
- Management
- Short-term financing practice of mining companies
- Bookcover of Short-term financing practice of mining companies
- Booktitle:
-
Short-term financing practice of mining companies
Partners of gecamines
Our Knowledge Publishing (2022-08-08 )
eligible for voucher
- ISBN-13:
978-620-5-05942-5
- ISBN-10:
- 6205059428
- EAN:
- 9786205059425
- Book language:
- Blurb/Shorttext:
- Using data from Gécamines' partner mining firms, we found that the financial attribute components of financial strength and financial flexibility have an impact on firms' use of short-term debt. Firms with high financial strength use short-term debt while firms with high financial flexibility may not use short-term debt. The study of the determinants of short-term debt has become a hot topic in the financial literature in recent years. We found interesting results about the relationship between the firm's financial strength and short-term debt. Indeed, the firm opts for short-term debt when it has a strong financial strength. The significant results allow us to conclude that short-term debt helps to solve agency problems in mining firms. These results are mainly related to the growth option.
- Publishing house:
- Our Knowledge Publishing
- Website:
- https://sciencia-scripts.com
- By (author) :
- Jose Mwania Wakosia
- Number of pages:
- 52
- Published on:
- 2022-08-08
- Stock:
- Available
- Category:
- Management
- Price:
- 6174.10 руб
- Keywords:
- financing practice for mining companies
