Exploring the Agency Cost of Debt: Evidence from the ISS Governance Standards

• المؤلفون الرئيسيون: Pornsit Jiraporn, Pandej Chintrakarn, Jang Chul Kim, Yixin Liu
• التنسيق: دورية
• منشور في: 2018
• الموضوعات: Business, Management and Accounting; Economics, Econometrics and Finance
• الوصول للمادة أونلاين: https://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=84884534617&origin=inward; http://cmuir.cmu.ac.th/jspui/handle/6653943832/52308

Corporate governance is usually viewed in the context of strengthening shareholder rights and enhancing shareholders' welfare. However, the impact of corporate governance on bondholders is much less understood. We explore how corporate governance influences the cost of debt financing. Using bro...