How Long to Read Corporate Financing Trends and Balance Sheet Risks in Latin America

How Long Does it Take to Read Corporate Financing Trends and Balance Sheet Risks in Latin America?

It takes the average reader and 31 minutes to read Corporate Financing Trends and Balance Sheet Risks in Latin America by Mr.Fabiano Rodrigues Rodrigues Bastos

Assuming a reading speed of 250 words per minute. Learn more

Description

Easy global liquidity conditions, stronger risk appetite and a retrenchment in cross-border bank lending led to a surge in emerging market firms’ bond issuance in international markets (what we term “The Bon(d)anza”). Using firm-level data for five large Latin American economies, we provide evidence of a significant change in companies’ external funding strategies and liability structures after 2010, as well as in the balance sheet risks that firms face. We find that stepped up bond issuance was mostly aimed at re-financing rather than funding investment projects, as firms extended the average duration of their debt while securing lower fixed-rates, reducing roll-over and interest rate risks. The shift towards safer maturity structures has come at the expense of a leveraging-up in foreign-currency-denominated financial debt in several countries— reversing a de-dollarization trend seen during the last decade. We also provide evidence that a substantial part of these bonds were issued through offshore vehicles, suggesting regulatory and tax arbitrage strategies. For some corporations, rising dollar debt and high leverage will be particularly taxing in an environment of US dollar strengthening, less buoyant commodity prices and slowing domestic activity.

How long is Corporate Financing Trends and Balance Sheet Risks in Latin America?

Corporate Financing Trends and Balance Sheet Risks in Latin America by Mr.Fabiano Rodrigues Rodrigues Bastos is 31 pages long, and a total of 7,781 words.

This makes it 10% the length of the average book. It also has 10% more words than the average book.

How Long Does it Take to Read Corporate Financing Trends and Balance Sheet Risks in Latin America Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 42 minutes to read Corporate Financing Trends and Balance Sheet Risks in Latin America aloud.

What Reading Level is Corporate Financing Trends and Balance Sheet Risks in Latin America?

Corporate Financing Trends and Balance Sheet Risks in Latin America is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Corporate Financing Trends and Balance Sheet Risks in Latin America?

Corporate Financing Trends and Balance Sheet Risks in Latin America by Mr.Fabiano Rodrigues Rodrigues Bastos is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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