{"id":"https://openalex.org/W2018881312","doi":"https://doi.org/10.1007/s007800100058","title":"Optimal capital structure and endogenous default","display_name":"Optimal capital structure and endogenous default","publication_year":2002,"publication_date":"2002-04-01","ids":{"openalex":"https://openalex.org/W2018881312","doi":"https://doi.org/10.1007/s007800100058","mag":"2018881312"},"language":"en","primary_location":{"id":"doi:10.1007/s007800100058","is_oa":false,"landing_page_url":"https://doi.org/10.1007/s007800100058","pdf_url":null,"source":{"id":"https://openalex.org/S172526255","display_name":"Finance and Stochastics","issn_l":"0949-2984","issn":["0949-2984","1432-1122"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319900","host_organization_name":"Springer Science+Business Media","host_organization_lineage":["https://openalex.org/P4310319900","https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Science+Business Media","Springer Nature"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Finance and Stochastics","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5059865662","display_name":"Bianca Hilberink","orcid":null},"institutions":[{"id":"https://openalex.org/I51601045","display_name":"University of Bath","ror":"https://ror.org/002h8g185","country_code":"GB","type":"education","lineage":["https://openalex.org/I51601045"]}],"countries":["GB"],"is_corresponding":false,"raw_author_name":"Bianca Hilberink","raw_affiliation_strings":["Department of Mathematical Sciences, University of Bath, Bath BA2 7AY, UK (e-mail: L.C.G.Rogers@bath.ac.uk)\n, , , , , , GB","Department of Mathematical Sciences, University of Bath, Bath BA2 7AY, UK (e-mail: L.C.G.Rogers@bath.ac.uk) , GB"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Mathematical Sciences, University of Bath, Bath BA2 7AY, UK (e-mail: L.C.G.Rogers@bath.ac.uk)\n, , , , , , GB","institution_ids":["https://openalex.org/I51601045"]},{"raw_affiliation_string":"Department of Mathematical Sciences, University of Bath, Bath BA2 7AY, UK (e-mail: L.C.G.Rogers@bath.ac.uk) , GB","institution_ids":["https://openalex.org/I51601045"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5088016319","display_name":"L. C. G. Rogers","orcid":"https://orcid.org/0000-0003-2006-8806"},"institutions":[{"id":"https://openalex.org/I51601045","display_name":"University of Bath","ror":"https://ror.org/002h8g185","country_code":"GB","type":"education","lineage":["https://openalex.org/I51601045"]}],"countries":["GB"],"is_corresponding":false,"raw_author_name":"L.C.G. Rogers","raw_affiliation_strings":["Department of Mathematical Sciences, University of Bath, Bath BA2 7AY, UK (e-mail: L.C.G.Rogers@bath.ac.uk)\n, , , , , , GB","Department of Mathematical Sciences, University of Bath, Bath BA2 7AY, UK (e-mail: L.C.G.Rogers@bath.ac.uk) , GB"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Mathematical Sciences, University of Bath, Bath BA2 7AY, UK (e-mail: L.C.G.Rogers@bath.ac.uk)\n, , , , , , GB","institution_ids":["https://openalex.org/I51601045"]},{"raw_affiliation_string":"Department of Mathematical Sciences, University of Bath, Bath BA2 7AY, UK (e-mail: L.C.G.Rogers@bath.ac.uk) , GB","institution_ids":["https://openalex.org/I51601045"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I51601045"],"apc_list":{"value":2290,"currency":"EUR","value_usd":2890},"apc_paid":null,"fwci":6.368,"has_fulltext":false,"cited_by_count":225,"citation_normalized_percentile":{"value":0.96324714,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":96,"max":100},"biblio":{"volume":"6","issue":"2","first_page":"237","last_page":"263"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11496","display_name":"Credit Risk and Financial Regulations","score":0.9998000264167786,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11496","display_name":"Credit Risk and Financial Regulations","score":0.9998000264167786,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.9940999746322632,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11653","display_name":"Financial Distress and Bankruptcy Prediction","score":0.9814000129699707,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/bankruptcy","display_name":"Bankruptcy","score":0.8002731800079346},{"id":"https://openalex.org/keywords/capital-structure","display_name":"Capital structure","score":0.7857775688171387},{"id":"https://openalex.org/keywords/mathematical-finance","display_name":"Mathematical finance","score":0.6973390579223633},{"id":"https://openalex.org/keywords/debt","display_name":"Debt","score":0.6187448501586914},{"id":"https://openalex.org/keywords/maturity","display_name":"Maturity (psychological)","score":0.6108328104019165},{"id":"https://openalex.org/keywords/zero","display_name":"Zero (linguistics)","score":0.5355994701385498},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.5241796374320984},{"id":"https://openalex.org/keywords/equity","display_name":"Equity (law)","score":0.5013072490692139},{"id":"https://openalex.org/keywords/feature","display_name":"Feature (linguistics)","score":0.4622627794742584},{"id":"https://openalex.org/keywords/corporate-finance","display_name":"Corporate finance","score":0.4201759696006775},{"id":"https://openalex.org/keywords/value","display_name":"Value (mathematics)","score":0.4109647274017334},{"id":"https://openalex.org/keywords/financial-economics","display_name":"Financial economics","score":0.37834134697914124},{"id":"https://openalex.org/keywords/econometrics","display_name":"Econometrics","score":0.3725654184818268},{"id":"https://openalex.org/keywords/actuarial-science","display_name":"Actuarial science","score":0.34840869903564453},{"id":"https://openalex.org/keywords/mathematical-economics","display_name":"Mathematical economics","score":0.3372376561164856},{"id":"https://openalex.org/keywords/mathematics","display_name":"Mathematics","score":0.30082082748413086},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.19728735089302063},{"id":"https://openalex.org/keywords/statistics","display_name":"Statistics","score":0.11772209405899048}],"concepts":[{"id":"https://openalex.org/C504631918","wikidata":"https://www.wikidata.org/wiki/Q152074","display_name":"Bankruptcy","level":2,"score":0.8002731800079346},{"id":"https://openalex.org/C149933338","wikidata":"https://www.wikidata.org/wiki/Q950816","display_name":"Capital structure","level":3,"score":0.7857775688171387},{"id":"https://openalex.org/C93373587","wikidata":"https://www.wikidata.org/wiki/Q335632","display_name":"Mathematical finance","level":2,"score":0.6973390579223633},{"id":"https://openalex.org/C120527767","wikidata":"https://www.wikidata.org/wiki/Q3196867","display_name":"Debt","level":2,"score":0.6187448501586914},{"id":"https://openalex.org/C101433766","wikidata":"https://www.wikidata.org/wiki/Q3543263","display_name":"Maturity (psychological)","level":2,"score":0.6108328104019165},{"id":"https://openalex.org/C2780813799","wikidata":"https://www.wikidata.org/wiki/Q3274237","display_name":"Zero (linguistics)","level":2,"score":0.5355994701385498},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.5241796374320984},{"id":"https://openalex.org/C199728807","wikidata":"https://www.wikidata.org/wiki/Q2578557","display_name":"Equity (law)","level":2,"score":0.5013072490692139},{"id":"https://openalex.org/C2776401178","wikidata":"https://www.wikidata.org/wiki/Q12050496","display_name":"Feature (linguistics)","level":2,"score":0.4622627794742584},{"id":"https://openalex.org/C80515813","wikidata":"https://www.wikidata.org/wiki/Q1134763","display_name":"Corporate finance","level":2,"score":0.4201759696006775},{"id":"https://openalex.org/C2776291640","wikidata":"https://www.wikidata.org/wiki/Q2912517","display_name":"Value (mathematics)","level":2,"score":0.4109647274017334},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.37834134697914124},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.3725654184818268},{"id":"https://openalex.org/C162118730","wikidata":"https://www.wikidata.org/wiki/Q1128453","display_name":"Actuarial science","level":1,"score":0.34840869903564453},{"id":"https://openalex.org/C144237770","wikidata":"https://www.wikidata.org/wiki/Q747534","display_name":"Mathematical economics","level":1,"score":0.3372376561164856},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.30082082748413086},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.19728735089302063},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.11772209405899048},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0},{"id":"https://openalex.org/C15744967","wikidata":"https://www.wikidata.org/wiki/Q9418","display_name":"Psychology","level":0,"score":0.0},{"id":"https://openalex.org/C138496976","wikidata":"https://www.wikidata.org/wiki/Q175002","display_name":"Developmental psychology","level":1,"score":0.0},{"id":"https://openalex.org/C41895202","wikidata":"https://www.wikidata.org/wiki/Q8162","display_name":"Linguistics","level":1,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1007/s007800100058","is_oa":false,"landing_page_url":"https://doi.org/10.1007/s007800100058","pdf_url":null,"source":{"id":"https://openalex.org/S172526255","display_name":"Finance and Stochastics","issn_l":"0949-2984","issn":["0949-2984","1432-1122"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319900","host_organization_name":"Springer Science+Business Media","host_organization_lineage":["https://openalex.org/P4310319900","https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Science+Business Media","Springer Nature"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Finance and Stochastics","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:spr:finsto:v:6:y:2002:i:2:p:237-263","is_oa":false,"landing_page_url":null,"pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[{"display_name":"Partnerships for the goals","score":0.47999998927116394,"id":"https://metadata.un.org/sdg/17"}],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":12,"referenced_works":["https://openalex.org/W182262711","https://openalex.org/W1985384623","https://openalex.org/W1996097431","https://openalex.org/W1999486100","https://openalex.org/W2034554861","https://openalex.org/W2070190162","https://openalex.org/W2079491906","https://openalex.org/W2083372910","https://openalex.org/W2091205586","https://openalex.org/W2104723218","https://openalex.org/W2118891973","https://openalex.org/W2154044885"],"related_works":["https://openalex.org/W2179014274","https://openalex.org/W3122549952","https://openalex.org/W2067500371","https://openalex.org/W2348769229","https://openalex.org/W853047608","https://openalex.org/W4381468313","https://openalex.org/W2231167496","https://openalex.org/W4220806185","https://openalex.org/W2277044004","https://openalex.org/W2107766156"],"abstract_inverted_index":null,"counts_by_year":[{"year":2025,"cited_by_count":4},{"year":2024,"cited_by_count":4},{"year":2023,"cited_by_count":4},{"year":2022,"cited_by_count":3},{"year":2021,"cited_by_count":4},{"year":2020,"cited_by_count":12},{"year":2019,"cited_by_count":8},{"year":2018,"cited_by_count":5},{"year":2017,"cited_by_count":3},{"year":2016,"cited_by_count":7},{"year":2015,"cited_by_count":9},{"year":2014,"cited_by_count":20},{"year":2013,"cited_by_count":9},{"year":2012,"cited_by_count":29}],"updated_date":"2026-06-26T08:34:08.712188","created_date":"2025-10-10T00:00:00"}