The modern role of bond covenants
著者
書誌事項
The modern role of bond covenants
(The Research Foundation of AIMR and Blackwell series in finance)
Research Foundation of the Institute of Chartered Financial Analysts , Blackwell, 2000
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注記
Bibliography: p. 52-53
"First published 1994, reissued in new format by Blackwell Publishers Ltd 2000"
内容説明・目次
内容説明
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.
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