Jiraporn, Pornsit; Chintrakarn, Pandej; Kim, Jang-Chul; … - In: Journal of Financial Services Research 44 (2013) 2, pp. 205-227
Corporate governance is usually viewed in the context of strengthening shareholder rights and enhancing shareholders’ welfare. However, the impact of corporate governance on bondholders is much less understood. We explore how corporate governance influences the cost of debt financing. Using...