Exportar Publicação

A publicação pode ser exportada nos seguintes formatos: referência da APA (American Psychological Association), referência do IEEE (Institute of Electrical and Electronics Engineers), BibTeX e RIS.

Exportar Referência (APA)
Isidro, H., Gietzmann, M. & Raonic, I. (2018). Covenant Lite Bond Contracting and Investor . JAAF Annual Conference.
Exportar Referência (IEEE)
H. O. Isidro et al.,  "Covenant Lite Bond Contracting and Investor ", in JAAF Annu. Conf., Jeju, 2018
Exportar BibTeX
@misc{isidro2018_1732233030574,
	author = "Isidro, H. and Gietzmann, M. and Raonic, I.",
	title = "Covenant Lite Bond Contracting and Investor ",
	year = "2018",
	howpublished = "Digital",
	url = "https://sites.google.com/site/jaafconference2018/"
}
Exportar RIS
TY  - CPAPER
TI  - Covenant Lite Bond Contracting and Investor 
T2  - JAAF Annual Conference
AU  - Isidro, H.
AU  - Gietzmann, M.
AU  - Raonic, I.
PY  - 2018
CY  - Jeju
UR  - https://sites.google.com/site/jaafconference2018/
AB  - We investigate why covenant lite bond contracts which do not include any accounting maintenance covenants have recently risen in popularity. While much research has focused on the potential benefits of accounting for (bond) contracting purposes little research has focused upon the potential costs of including accounting statistics in contracts. In a setting in which standardization of contracts which exclude idiosyncratic accounting maintenance covenants enhance bond liquidity, we provide empirical support for theory that predicts that optimal bond contracts will be lite provided the likelihood of corporate default is sufficiently low. We suggest these results enhance our understanding of the limits of any proposed defence for the use of accounting being presented in terms of its usefulness in part being derived from its (bond) contracting role
ER  -