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Regulation and the Term of the Risk Free Rate: Implications of Corporate Debt

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  • Martin Lally

Abstract

Keywords: Risk free rate, Corporate debt, Cash flows

Suggested Citation

  • Martin Lally, 2007. "Regulation and the Term of the Risk Free Rate: Implications of Corporate Debt," Accounting Research Journal, Emerald Group Publishing Limited, vol. 20(2), pages 73-80, December.
  • Handle: RePEc:eme:arjpps:v:20:y:2007:i:2:p:73-80
    DOI: 10.1108/10309610780000691
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    References listed on IDEAS

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    1. Douglas W. Diamond, 1991. "Debt Maturity Structure and Liquidity Risk," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 106(3), pages 709-737.
    2. Schmalensee, Richard, 1989. "An Expository Note on Depreciation and Profitability under Rate-of-Return Regulation," Journal of Regulatory Economics, Springer, vol. 1(3), pages 293-298, September.
    3. McCulloch, J Huston, 1975. "An Estimate of the Liquidity Premium," Journal of Political Economy, University of Chicago Press, vol. 83(1), pages 95-119, February.
    4. Flannery, Mark J, 1986. "Asymmetric Information and Risky Debt Maturity Choice," Journal of Finance, American Finance Association, vol. 41(1), pages 19-37, March.
    5. Fama, Eugene F., 1984. "The information in the term structure," Journal of Financial Economics, Elsevier, vol. 13(4), pages 509-528, December.
    6. Marshall, William J & Yawitz, Jess B & Greenberg, Edward, 1981. "Optimal Regulation under Uncertainty," Journal of Finance, American Finance Association, vol. 36(4), pages 909-921, September.
    7. Myers, Stewart C., 1977. "Determinants of corporate borrowing," Journal of Financial Economics, Elsevier, vol. 5(2), pages 147-175, November.
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