We examine the effects of corporate board characteristics on the use of performance pricing in debt contracts. Performance pricing is a recent innovation that plays a role in addressing some debt contracting problems by linking the ex-ante pricing of debt with ex-post firm performance. Results...

We investigate the relationship between corporate board structure and firm performance of Bangladeshi companies. Using a sample of 654 firm year observations for the period 2005-2009, the results show some support for aspects of agency theory as a greater proportion of independent directors on...