arbiter
JournalsAccount

Does Societal Trust Influence Corporate Debt Maturity? International Evidence

Ying‐Chieh Wang et al.

International Finance2026https://doi.org/10.1111/infi.70021article
ABDC B
Weight
0.50

Abstract

This article analyses data from 26 countries to examine the effects of societal trust levels on corporate debt maturity. Empirical evidence shows that companies operating in countries with higher societal trust exhibit longer debt maturities. The study also investigates the moderating role of investor protection on the relationship between societal trust and debt maturity, particularly focusing on the effectiveness of legal institutions, legal strength, and political stability. The results reveal that firms in countries with stronger investor protections experience a more pronounced positive impact of societal trust on debt maturity. Additionally, the study addresses potential endogeneity issues, firm fixed effects, and self‐selection biases to ensure that the results are consistent and reliable.

Open via your library →

Cite this paper

https://doi.org/https://doi.org/10.1111/infi.70021

Or copy a formatted citation

@article{ying‐chieh2026,
  title        = {{Does Societal Trust Influence Corporate Debt Maturity? International Evidence}},
  author       = {Ying‐Chieh Wang et al.},
  journal      = {International Finance},
  year         = {2026},
  doi          = {https://doi.org/https://doi.org/10.1111/infi.70021},
}

Paste directly into BibTeX, Zotero, or your reference manager.

Flag this paper

Does Societal Trust Influence Corporate Debt Maturity? International Evidence

Flags are reviewed by the Arbiter methodology team within 5 business days.

Evidence weight

0.50

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.50 × 0.4 = 0.20
M · momentum0.50 × 0.15 = 0.07
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.