Wilfrid Laurier University

Displaying 1-3 of 3 results

  • White Papers // May 2011

    Economic Crises And The Evolution Of Dispossession And Repossession In Canada

    Harvey's (2003) theory of accumulation by dispossession (a modern-day enclosure of the commons) provides an insightful way of understanding how the capitalist state helps to smooth out the crisis-prone tendencies of the capitalist system. Yet how exactly this theoretical construct applies empirically to the Canadian case remains under-examined. This paper...

    Provided By Wilfrid Laurier University

  • White Papers // Jul 2009

    Credit Exposure And Valuation Of Revolving Credit Lines

    The revolving credit line-an arrangement under which customers may borrow and repay at will subject to a maximum outstanding-is the dominant form of bank commercial lending. The interest rate paid on borrowings, or the spread over some reference rate in the case of floating rate loans, is typically fixed for...

    Provided By Wilfrid Laurier University

  • White Papers // Jan 2009

    Income Smoothing And The Cost Of Debt

    Using the Tucker-Zarowin (TZ) statistic of income smoothing, the authors find firms with higher income smoothing rankings exhibit lower cost of debt and higher credit ratings. Multivariate analysis reveals that firms with higher financial leverage and lower credit ratings experience are associated with higher borrowing costs, but that such borrowing...

    Provided By Wilfrid Laurier University

  • White Papers // Jul 2009

    Credit Exposure And Valuation Of Revolving Credit Lines

    The revolving credit line-an arrangement under which customers may borrow and repay at will subject to a maximum outstanding-is the dominant form of bank commercial lending. The interest rate paid on borrowings, or the spread over some reference rate in the case of floating rate loans, is typically fixed for...

    Provided By Wilfrid Laurier University

  • White Papers // May 2011

    Economic Crises And The Evolution Of Dispossession And Repossession In Canada

    Harvey's (2003) theory of accumulation by dispossession (a modern-day enclosure of the commons) provides an insightful way of understanding how the capitalist state helps to smooth out the crisis-prone tendencies of the capitalist system. Yet how exactly this theoretical construct applies empirically to the Canadian case remains under-examined. This paper...

    Provided By Wilfrid Laurier University

  • White Papers // Jan 2009

    Income Smoothing And The Cost Of Debt

    Using the Tucker-Zarowin (TZ) statistic of income smoothing, the authors find firms with higher income smoothing rankings exhibit lower cost of debt and higher credit ratings. Multivariate analysis reveals that firms with higher financial leverage and lower credit ratings experience are associated with higher borrowing costs, but that such borrowing...

    Provided By Wilfrid Laurier University