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

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...

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Bibliographic Details
Main Authors: Pornsit Jiraporn, Pandej Chintrakarn, Jang Chul Kim, Yixin Liu
Other Authors: Pennsylvania State University
Format: Article
Published: 2018
Subjects:
Online Access:https://repository.li.mahidol.ac.th/handle/123456789/31433
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Institution: Mahidol University