Showing 1 - 10 of 587
We examine how accounting-based compensation plans influence a firm's contracts with its creditors. After granting long-term accounting-based compensation plans (LTAPs) to CEOs, firms pay lower spreads and have fewer restrictive covenants in new bank loans. Mechanisms leading to lower borrowing...
Persistent link: https://www.econbiz.de/10011963302
Persistent link: https://www.econbiz.de/10013457439
Persistent link: https://www.econbiz.de/10014365121
Persistent link: https://www.econbiz.de/10014544015
Persistent link: https://www.econbiz.de/10010512285
Persistent link: https://www.econbiz.de/10000831938
Persistent link: https://www.econbiz.de/10000725841
Persistent link: https://www.econbiz.de/10000801328
Persistent link: https://www.econbiz.de/10000804174