Layher, Nicoletta; Samunderu, Eyden - In: Journal of risk and financial management : JRFM 14 (2021) 1/1, pp. 1-32
This paper conducts an empirical study on the inclusion of uniform European Collective Action Clauses (CACs) in sovereign bond contracts issued from member states of the European Union, introduced as a regulatory result of the European sovereign debt crisis. The study focuses on the reaction of...
