Debt Financing, Information Sharing, and Profitability:  Evidence from Listed Firms from an Emerging Economy

dc.contributor.author	Osei, J.O.
dc.contributor.author	Sarpong-Kumankoma, E.
dc.contributor.author	Abor, J.Y.
dc.date.accessioned	2024-08-22T08:44:50Z
dc.date.available	2024-08-22T08:44:50Z
dc.date.issued	2023
dc.description	Research Article	en_US
dc.description.abstract	This study investigates how credit information sharing conditions debt financing to boost the profitability of 20 listed enterprises on the Ghana Stock Exchange between 2003 and 2013. We employ robust least squares and simultaneous bootstrapping models in a panel setting. Our findings show that the impact of debt financing profitability increases when it is subject to information sharing and takes the shape of short, long, and total debts. In the worst-case situation, contingent debt financing reduces the negative impact of debt financing on profitability. Therefore, authorities must adopt laws and legislation that deepen, widen, and strengthen credit information sharing to offset the negative impact of information asymmetry on loan financing and business profitability.	en_US
dc.identifier.other	https://doi.org/10.1080/15228916.2023.2209356
dc.identifier.uri	https://ugspace.ug.edu.gh/handle/123456789/42340
dc.language.iso	en	en_US
dc.publisher	Journal of African Business	en_US
dc.subject	Credit information sharing	en_US
dc.subject	debt financing	en_US
dc.subject	Ghana	en_US
dc.title	Debt Financing, Information Sharing, and Profitability: Evidence from Listed Firms from an Emerging Economy	en_US
dc.type	Article	en_US

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