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Cited by 409

The DOI matches its Crossref record; 47 of the 47 references it cites were found in a registry or an index.

Debt Specialization

COLLA, PAOLO, IPPOLITO, FILIPPO, LI, KAI·2013·The Journal of Finance
DOI 10.1111/jofi.12052
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Abstract

This paper examines debt structure using a new and comprehensive database on types of debt employed by public U.S. firms. We find that 85% of the sample firms borrow predominantly with one type of debt, and the degree of debt specialization varies widely across different subsamples—large rated firms tend to diversify across multiple debt types, while small unrated firms specialize in fewer types. We suggest several explanations for why debt specialization takes place, and show that firms employing few types of debt have higher bankruptcy costs, are more opaque, and lack access to some segments of the debt markets.

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Registry

Crossref · 10.1111/jofi.12052

Cites

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Citations

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Metadata

Authors
COLLA, P., IPPOLITO, F., & LI, K.
Venue
The Journal of Finance
Publisher
Wiley
Published
2013-09-10
Volume
68
Issue
5
Pages
2117-2141
ISSN
  • 0022-1082 (ISSN-L)
  • 1540-6261
DOI
10.1111/jofi.12052
OpenAlex
W2323290796
Cited by
409
References
47
FWCI
85.93
Type
journal article
Language
en
Open access
closed

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CoChat. (2026). Citation check: Debt Specialization. https://app.cochat.ai/papers/10.1111/jofi.12052
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COLLA, P., IPPOLITO, F., & LI, K. (2013). Debt Specialization. The Journal of Finance. https://doi.org/10.1111/jofi.12052

Data sources

Bibliographic data: Semantic Scholar, OpenAlex, Crossref.

Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.