The third installment of Research Spotlight, a Datapoints series focusing on research emerging from Wharton that has made use of library resources, focuses on a paper authored by Wharton faculty member Michael Schwert. “Does Borrowing from Banks Cost More than Borrowing from the Market?” was published in The Journal of Finance 75 (2).
As the article title implies, the study analyzes the pricing of private bank loans compared to capital market debt. Professor Schwert used S&P Capital IQ to obtain recent data on the capital structures of the sample firms used in the study. Capital IQ is a leading provider of financial information for both public and private companies with additional coverage of market and industry information, M&A transactions and more.
For more information on Capital IQ, please contact a Lippincott librarian.