Similar Search Results

Executive Equity Risk-Taking Incentives and Firm's Choice of Debt Structure

Chen, Yangyang - 2020

vega), firms reduce their reliance on bank debt financing. We utilize the passage of the Financial Accounting Standard (FAS … into public debt market. Supplemental analyses suggest that firms with higher vega face more stringent bank loan covenants …. We conclude that, by encouraging risk-taking, higher vega reduces firms' reliance on bank debt financing in order to …

Persistent link: https://www.econbiz.de/10012853594

Foreign ownership, bank information environments, and the international mobility of corporate governance

Fang, Yiwei; Hasan, Iftekhar; Leung, Woon Sau; Wang, Qingwei - In: Journal of international business studies : JIBS ; an … 50 (2019) 9, pp. 1566-1593

Persistent link: https://www.econbiz.de/10012136000

Private benefits of control and bank loan contracts

Lin, Chih-Yung; Tsai, Wei-Che; Hasan, Iftekhar; Le Quoc Tuan - In: The journal of corporate finance : contracting, … 49 (2018), pp. 324-343

Persistent link: https://www.econbiz.de/10011825042

Can lenders discern managerial ability from luck? : evidence from bank loan contracts

Bui, Dien Giau; Chen, Yan-Shing; Hasan, Iftekhar; Lin, … - In: Journal of banking & finance 87 (2018), pp. 187-201

Persistent link: https://www.econbiz.de/10011962516

Agency Cost of CEO Perquisite in the Bank Loan Contracts

Chan, Chia-Ying - 2017

This study investigates whether CEO perquisite of borrowing firms plays any significant role, both in terms of price and non-price settings, in financial contracts and reveals that lending banks demand significantly higher return (spread), more collateral, and stricter covenants from firms with...

Persistent link: https://www.econbiz.de/10012964677