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lending, borrower quality and collateral as a key variable in loan contract design. We used a unique data set based on the … decision-making and contract design. In particular, bank internal borrower ratings serve to evaluate borrower quality, and the … contract design is mainly driven by aspects of relationship lending and renegotiations. We found that relationship lenders or …
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The two essays that comprise this dissertationseek to explain the benefits of financial contracting in banking and venturecapital. The second essay, “Vesting and Control in Venture Capital Contracts,”examines the common practice of timing equity payments to entrepreneurs inventure capital...
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Purpose of the article: The presented paper analyses the application of different methods and approaches to the remuneration of senior executives in the manufacturing industry. Methodology/methods: The presented article is based on a combination of the analysis of case studies, annual reports,...
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