Tag
risk_taking
2 findings
Finance & microfinanceCorporate Debt Maturity and Risk-TakingRigid short-term debt repayment schedules in microfinance act like corporate short-term debt constraints, preventing poor micro-entrepreneurs from making illiquid, high-return investments due to liquidity-driven underinvestment incentives.Expert TheoryDevelopmentWealth-Independent Insurance-Induced Risk-TakingInteracting the insurance treatment with landholdings or the principal component wealth index yielded statistically insignificant interaction coefficients for cash crop investment probability, cash crop expenditure, and cash crop cultivated area.RCT