CEO contractual protection and debt contracting
CEO employment agreements and severance pay agreements are prevalent among S&P1500 firms. While prior research has examined their impact on corporate decision from shareholders’ perspective, there is little research on their impact from debtholders’ perspective. We examine the effect on debt con...
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Main Authors: | CHENG, Qiang, CHEN, Xia, LO, Alvis K., WANG, Xin |
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Format: | text |
Language: | English |
Published: |
Institutional Knowledge at Singapore Management University
2017
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Online Access: | https://ink.library.smu.edu.sg/soa_research/1625 https://ink.library.smu.edu.sg/context/soa_research/article/2652/viewcontent/ceo_contractual_protection_debt_contracting_2016_dec.pdf |
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Institution: | Singapore Management University |
Language: | English |
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