The Modern Role of Bond Covenants (The Research Foundation of AIMR and Blackwell Series in Finance)
Ileen Malitz
Bond covenants-designed to control conflicts of interest between shareholders and bondholders-are important because lack of adequate protection can erode bondholder value. This monograph investigates whether existing covenants are adequate or whether they have lost value as a result of factors that assumed prominence during the leveraged-buyout era.
Categorias:
Ano:
1991
Editora:
Research Foundation of AIMR & Blackwell Publishers
Idioma:
english
Páginas:
53
ISBN 10:
0943205220
ISBN 13:
9780943205229
Arquivo:
PDF, 2.77 MB
IPFS:
,
english, 1991