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Trust and contracts : empirical evidence
D'Acunto, Francesco; Xie, Jin; Yao, Jiaquan - 2020
Trust between parties should drive the negotiation and design of contract: if parties did not trust each others … over time, we find that lower trust increases contract completeness. Not only contract complexity but also the verifiable …
Persistent link: https://www.econbiz.de/10012318377
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Tenant riskiness, contract length, and the term structure of commercial leases
Brueckner, Jan K.; Rosenthal, Stuart S. - 2022
This paper explores the connection between tenant riskiness, commercial lease length and the term structure of lease contracts. Theory shows that the possibility of default on a long-term lease generates a risk/lease-length connection. The empirical work uses a large CompStak lease dataset...
Persistent link: https://www.econbiz.de/10013482225