Corporate boards and performance pricing in private debt contracts

• Main Authors: Abu Bakar, Intan Suryani, Khan, Arifur, Mather, Paul R., Tanewski, George A.
• Format: Article
• Language: English; English; English
• Published: Elsevier B.V. 2018
• Subjects: HG4001 Financial management. Business finance. Corporation finance.
• Online Access: http://irep.iium.edu.my/50656/2/50656_Corporate%20Boards%20and%20Performance%20Pricing_scopus.pdf; http://irep.iium.edu.my/50656/14/50656_Corporate%20boards%20and%20performance%20pricing%20in%20private%20debt%20contracts_WOS.pdf; http://irep.iium.edu.my/50656/20/50656_Corporate%20boards%20and%20performance%20pricing.pdf; http://irep.iium.edu.my/50656/; https://poseidon01.ssrn.com/delivery.php?ID=398002017094087095118072029021127006024081090052024004069113069026081101004093126023016123121059011102019019106117000092127097114082027065044013116065070021088075031051010112116099084080107064070103082104004004074027070030127099107107075117071096083&EXT=pdf

This paper investigates the effects of corporate governance on the use of performance pricing in debt contracts on a sample of newly syndicated loans in the U.S. private debt market. While cross-sectional results provide no evidence for the predicted relation between corporate governance quality and...