The impact of corporate governance on the restrictiveness of covenants in private debt contract

We examine the association between corporate governance and the restrictiveness of covenants used in U.S. private debt contracts. Both corporate governance and covenants have been shown to play a role in mitigating agency problems associated with debt, hence a relationship is expected between these...

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Bibliographic Details
Main Authors: Abu Bakar, Intan Suryani, Mather, Paul, Tanewski, George
Format: Conference or Workshop Item
Language:English
Published: 2012
Subjects:
Online Access:http://irep.iium.edu.my/27328/1/CG%26Cov_AAA-FRS2012__28June2012.pdf
http://irep.iium.edu.my/27328/
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