Corporate Governance and Covenants Restrictiveness in Private Debt Contract
Both corporate governance and covenants separately have been shown to play a role in mitigating agency problems associated with debt. Accordingly, we examine the association between corporate governance and the restrictiveness of covenants on a sample of newly syndicated loans in the U.S. private de...
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Main Authors: | , , |
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Format: | Monograph |
Language: | English |
Published: |
Contemporary Accounting Research
2012
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Subjects: | |
Online Access: | http://irep.iium.edu.my/27329/1/CAR_Submission_Covenants_Paper_23Oct2012.pdf http://irep.iium.edu.my/27329/ |
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Institution: | Universiti Islam Antarabangsa Malaysia |
Language: | English |