Showing 1 - 10 of 13,624
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/10012202073
Persistent link: https://www.econbiz.de/10010384304
This study analyzes the magnitude of the US monetary policy spillover on the Indonesian local currency government bond …
Persistent link: https://www.econbiz.de/10014289870
Persistent link: https://www.econbiz.de/10012123481
Persistent link: https://www.econbiz.de/10012202064
Persistent link: https://www.econbiz.de/10011547425
Persistent link: https://www.econbiz.de/10012888480
Persistent link: https://www.econbiz.de/10012817049
We document capital misallocation in the U.S. investment-grade (IG) corporate bond market, driven by quantitative … easing (QE). Prospective fallen angels - risky firms just above the IG rating cutoff-enjoyed subsidized bond financing since …
Persistent link: https://www.econbiz.de/10013161890