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Trapped Foreign Earnings are Hurting US Multinationals in the Debt Markets

What to do with foreign earnings held abroad is a controversial subject today and was a frequent part of the debate leading up to the 2016 US presidential election. US...

15 September 2017

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Auditors Matter Most in Debt Markets When Trust is Low

In our study we analyze a large sample of non-US public firms from 31 countries that obtain private loans. We find that loan syndicates lending to borrowers that...

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