scholarly journals The Effects of Analyst Forecast Properties on the Cost of Debt: International Evidence

2013 ◽  
Author(s):  
Narjess Boubakri ◽  
Sadok El Ghoul ◽  
Omrane Guedhami ◽  
Anis Samet
Keyword(s):  
Cost Of Debt ◽  
Analyst Forecast ◽  
International Evidence ◽  
The Cost

THE EFFECTS OF ANALYST FORECAST PROPERTIES AND COUNTRY-LEVEL INSTITUTIONS ON THE COST OF DEBT

2015 ◽  
Vol 38 (4) ◽  
pp. 461-493 ◽  
Author(s):  
Narjess Boubakri ◽  
Sadok El Ghoul ◽  
Omrane Guedhami ◽  
Anis Samet
Keyword(s):  
Cost Of Debt ◽  
Analyst Forecast ◽  
Country Level ◽  
The Cost

scholarly journals The impact of positive operating cash on bonds’ pricing international evidence

2015 ◽  
Vol 12 (4) ◽  
pp. 708-717 ◽  
Author(s):  
Harit Satt
Keyword(s):  
Cash Flow ◽  
Cost Of Debt ◽  
Probit Regression ◽  
Cash Balance ◽  
Bond Ratings ◽  
International Evidence ◽  
Cash Flow Statement ◽  
The Cost ◽  
The Impact ◽  
The Relationship

This paper aims to ascertain the relationship existing between the ratings of bonds and the ending cash balance of the operating section in the cash flow statement. In our study, which lasted for 18 years, 600 companies were selected from 26 countries to construct our sample. With purpose of detecting how the positive cash balance of the operating section in the cash flow statement characters the likelihood of rising the bonds ratings, we have applied a Probit regression analysis. Consequently, a robust proof stating that the bonds ratings are significantly impacted by the positive operating cash balance. That is to say, generating enough cash flow from the operating activities increases the company’s chances to have greater bonds ratings raises, meanwhile lowering the cost of debt given that higher bond ratings decreases the cost of company for raising funds (in the form of bonds). More confirmation to the creditors’ rights shields was added through our outcomes, in addition to its impact on the cost of debt.

Analyst forecast characteristics and the cost of debt

2010 ◽  
Vol 16 (1) ◽  
pp. 116-142 ◽  
Author(s):  
Sattar A. Mansi ◽  
William F. Maxwell ◽  
Darius P. Miller
Keyword(s):  
Cost Of Debt ◽  
Analyst Forecast ◽  
The Cost

scholarly journals Does analyst information influence the cost of debt? Some international evidence

2019 ◽  
Vol 64 ◽  
pp. 323-342 ◽  
Author(s):  
Elena Ferrer ◽  
Rafael Santamaría ◽  
Nuria Suárez
Keyword(s):  
Cost Of Debt ◽  
International Evidence ◽  
The Cost
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