Zobrazeno 1 - 10
of 25
pro vyhledávání: '"Mehdi Beyhaghi"'
Publikováno v:
Management Science. 69:3140-3155
We examine the relationship between pre-grant patent disclosure and analyst forecast accuracy. We take advantage of the passage of the American Inventor’s Protection Act (1999), which mandates the pre-grant public disclosure of all information in p
Publikováno v:
Journal of Money, Credit and Banking. 53:1373-1416
The multinational syndicated loan market has crossed the $7 trillion threshold. Prior literature argues that weak borrower country's creditor rights is the main limiting factor to cross‐border lending. We find that lender country's creditor rights
Autor:
Gregory Weitzner, Mehdi Beyhaghi
Publikováno v:
SSRN Electronic Journal.
Autor:
Mehdi Beyhaghi, Jeffrey R Gerlach
Publikováno v:
SSRN Electronic Journal.
Publikováno v:
SSRN Electronic Journal.
We analyze the relationship between loan pricing and market concentration in the US corporate loan market by creating a measure of markup using banks’ internal loan risk assessments. Our risk-adjusted measure of markup is orthogonal to the subseque
Publikováno v:
Journal of Corporate Finance. 42:131-149
We study how financial distress of a significant customer impacts capital structure of suppliers. Using a sample of U.S. firms that filed for Chapter 11 between 1980 and 2013, we find that the suppliers of these firms increase their leverage ratio ov
Autor:
Sina Ehsani, Mehdi Beyhaghi
Publikováno v:
The Review of Asset Pricing Studies. 7:243-277
We examine the pricing of characteristics and betas in the cross-section of expected corporate loan returns. Expected loan returns decrease with default beta. Default beta contains information not captured by rating or spread-to-maturity. A three-mon
Publikováno v:
SSRN Electronic Journal.
In private debt contracts with a borrower consent clause, a creditor’s decision to transfer its portion of the loan can be thwarted if the borrower denies the consent to loan transfer. We find that the probability of the inclusion of a borrower con
Publikováno v:
SSRN Electronic Journal.
Credit rationing by lending institutions has been the subject of much research in recent decades. Although there are some empirical indications, there is little theoretical justification about how various forms of credit rationing manifest themselves
Autor:
Mehdi Beyhaghi
Publikováno v:
SSRN Electronic Journal.
Using a comprehensive dataset collected by the Federal Reserve, I find that over one-third of corporate loans issued by U.S. banks are fully guaranteed by legal entities separate from borrowing firms. Using an empirical strategy that accounts for tim