Essec\Faculty\Model\Contribution {#2216 ▼
#_index: "academ_contributions"
#_id: "757"
#_source: array:26 [
"id" => "757"
"slug" => "757-capital-structure-and-debt-priority"
"yearMonth" => "2013-12"
"year" => "2013"
"title" => "Capital Structure and Debt Priority"
"description" => "ATTAOUI, S. et PONCET, P. (2013). Capital Structure and Debt Priority. <i>Financial Management</i>, 42(4), pp. 737-775. 
ATTAOUI, S. et PONCET, P. (2013). Capital Structure and Debt Priority. <i>Financial Management</i>, "
"authors" => array:2 [
0 => array:3 [
"name" => "PONCET Patrice"
"bid" => "B00000430"
"slug" => "poncet-patrice"
]
1 => array:1 [
"name" => "ATTAOUI S."
]
]
"ouvrage" => ""
"keywords" => array:5 [
0 => "Liquidation"
1 => "Probabilité de défaut"
2 => "Spread de crédit"
3 => "Structure de priorité de la dette"
4 => "Structure du capital"
]
"updatedAt" => "2021-02-02 16:16:18"
"publicationUrl" => "https://onlinelibrary.wiley.com/doi/abs/10.1111/fima.12011"
"publicationInfo" => array:3 [
"pages" => "737-775"
"volume" => "42"
"number" => "4"
]
"type" => array:2 [
"fr" => "Articles"
"en" => "Journal articles"
]
"support_type" => array:2 [
"fr" => "Revue scientifique"
"en" => "Scientific journal"
]
"countries" => array:2 [
"fr" => null
"en" => null
]
"abstract" => array:2 [
"fr" => "Nous dérivons des solutions explicites pour les valeurs de marché du capital et des dettes d'une firme sujette au défaut quand deux types de dette, senior et junior, sont émis. Nous déterminons simultanément la structure optimale des dettes et la structure optimale du passif. Nous examinons le spread de rendement entre les deux types de dette, la structure par terme des spreads, et celle des probabilités de défaut. Nous dérivons des solutions explicites pour les valeurs de marché du capital et des dettes d'une fir "
"en" => "We derive closed form solutions for the market values of a defaultable firm's debt and equity when debt has a heterogeneous priority structure and the absolute priority rule prevails. We determine the firm's interior optimal priority structure and its optimal capital structure. We also examine the spread differential between senior and junior bond yields and the term structure of credit spreads and default probabilities. We derive closed form solutions for the market values of a defaultable firm's debt and equity when d "
]
"authors_fields" => array:2 [
"fr" => "Finance"
"en" => "Finance"
]
"indexedAt" => "2025-03-14T18:21:41.000Z"
"docTitle" => "Capital Structure and Debt Priority"
"docSurtitle" => "Journal articles"
"authorNames" => "<a href="/cv/poncet-patrice">PONCET Patrice</a>, ATTAOUI S."
"docDescription" => "<span class="document-property-authors">PONCET Patrice, ATTAOUI S.</span><br><span class="document-property-authors_fields">Finance</span> | <span class="document-property-year">2013</span> <span class="document-property-authors">PONCET Patrice, ATTAOUI S.</span><br><span class="document-p "
"keywordList" => "<a href="#">Liquidation</a>, <a href="#">Probabilité de défaut</a>, <a href="#">Spread de crédit</a>, <a href="#">Structure de priorité de la dette</a>, <a href="#">Structure du capital</a> <a href="#">Liquidation</a>, <a href="#">Probabilité de défaut</a>, <a href="#">Spread de crédit</a> "
"docPreview" => "<b>Capital Structure and Debt Priority</b><br><span>2013-12 | Journal articles </span>"
"docType" => "research"
"publicationLink" => "<a href="https://onlinelibrary.wiley.com/doi/abs/10.1111/fima.12011" target="_blank">Capital Structure and Debt Priority</a> <a href="https://onlinelibrary.wiley.com/doi/abs/10.1111/fima.12011" target="_blank">Capital Structu "
]
+lang: "en"
+"_type": "_doc"
+"_score": 9.354266
+"parent": null
}
