Concepedia

Junior Debt

Junior Debt is a form of debt financing that ranks lower in priority of repayment than senior debt in the event of borrower default or liquidation, typically bearing higher risk and higher interest rates to compensate investors for its subordinate claim on assets and cash flows.

17

Publications

1.5K

Citations

29

Authors

25

Institutions

Publications per year

2017–2026

1

Variants

Subordinated Debt

Parents

Publications

17

Monitoring and Structure of Debt Contracts

Cheol Park · The Journal of Finance · 2000 · 395 citations

, , +16

Capital structure as a bargaining tool : the role of leverage in contract renegotiation

Enrico Perotti, Kathryn E. Spier · American Economic Review · 1993 · 303 citations

, , +17

Optimal Priority Structure, Capital Structure, and Investment

Dirk Hackbarth, David C. Mauer · Review of Financial Studies · 2011 · 269 citations

, , +17

Optimal Priority Structure, Capital Structure, and Investment

Dirk Hackbarth, David C. Mauer · SSRN Electronic Journal · 2011 · 88 citations · Full text

, , +17

Cascades in multiplex financial networks with debts of different seniority

Charles D. Brummitt, Teruyoshi Kobayashi · Physical Review E · 2015 · 87 citations · Full text

, , +17

1–5 of 17

Authors

29

  1. KE
    Kathryn E. Spier

    Harvard University Press, United States

    3 publications · 356 citations

    3

    h-index

  2. KD
    Kevin Dew

    University of Otago, New Zealand

    2 publications · 34 citations

    2

    h-index

  3. JG
    Jesse Gale

    University of Otago, New Zealand

    2 publications · 34 citations

    2

    h-index

  4. EP
    Enrico Perotti

    University of Amsterdam, Netherlands

    2 publications · 320 citations

    2

    h-index

  5. DC
    David C. Mauer

    University of North Carolina at Charlotte, United States

    2 publications · 357 citations

    2

    h-index

1–5 of 29

Institutions

25

  1. European Corporate Governance Institute

    Brussels, Belgium

    2 h-index

    2 publications

    98 citations

  2. Columbia University

    New York, United States

    2 h-index

    3 publications

    210 citations

  3. University of Otago

    Dunedin, New Zealand

    2 h-index

    2 publications

    34 citations

  4. University of Illinois Urbana-Champaign

    Urbana, United States

    1 h-index

    1 publications

    269 citations

  5. International Institute for Management Development

    Lausanne, Switzerland

    1 h-index

    1 publications

    10 citations

  6. Harvard University

    Cambridge, United States

    1 h-index

    1 publications

    36 citations

  7. Hong Kong University of Science and Technology

    Hong Kong, Hong Kong

    1 h-index

    1 publications

    395 citations

  8. University of Illinois Chicago

    Chicago, United States

    1 h-index

    1 publications

    36 citations

1–8 of 25

Venues

  1. The Journal of Finance

    2 publications · 451 citations

    2

    h-index

  2. SSRN Electronic Journal

    Repository · 2 publications · 98 citations

    2

    h-index

  3. PubMed

    Repository · 2 publications · 34 citations

    2

    h-index

  4. RePEc: Research Papers in Economics

    Repository · 2 publications · 52 citations

    2

    h-index

  5. Review of Financial Studies

    2 publications · 305 citations

    2

    h-index

1–5