orchard-finance-bannerlogo
line_fase1

Publications

Large corporates decrease bank dependency.

De Volkskrant, february 2012

The strategic role of banks as long term funder is decreasing. Corporates decrease bank debt and access debt capital markets for new or replacement financing.

Author: Wilco Dekker
Source indication: De Volkskrant

download download

The Choice between Bank Debt and Capital Market Debt in The Netherlands.

january 2012

This article describes the results of a study on the underlying motives regarding the choice between bank debt and capital market debt for large corporates in the Netherlands. The shift from bank debt to capital market debt over the period 2006-2010, the motives and the outlook for bank debt and capital market debt in the Netherlands are discussed.

Authors:
Rolf Michon, Nicolai Knop & Niels Broekhuis

download download

Corporate Financing: Safety First.

GT News, january 2012

Since 2009, ensuring the availability of financing has increasingly become a top priority of companies' boards. This article summarises the measures a company can take to increase the availability and continuity of financing.

Authors:
Rolf Michon & Richinel van Aanholt

download download

Bankselection deserves higher priority.

Controllers Magazine, november 2011

This article describes the results of a study on bank selection by Dutch companies. Discussed topics are composition of the bank group, bank relation policies and selection criteria for the selection of finance and cash management banks.

Authors:
Rolf Michon & Susanne Jung

download download

Credit management is risk management.

Controllers Magazine, october 2011

Credit Management as a professional specialty is still in development. Today's reality focuses on time driven credit management (based on days sales outstanding). In this article argues to focus the effort of credit management on risks and costs embedded in accounts receivables.

Authors:
Michiel Braakman & Monique Busch

download download

How transparant is the financing of Dutch listed firms?

MCA, april 2011

There is an increasing demand for more transparency with respect to financing and associated risks from amongst others shareholder, regulators, and other stakeholders. The current status of transparency of financing is assessed in this article.

Authors:
Rolf Michon & Nicolai Knop

download download