The Modern Role of Bond Covenants (The Research Foundation of AIMR and Blackwell Series in Finance) :: Book

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Book: The Modern Role of Bond Covenants (The Research Foundation of AIMR and Blackwell Series in Finance) :: Book

Date:  Friday, 09 January, 2009  :: 08:31
The Modern Role of Bond Covenants (The Research Foundation of AIMR and Blackwell Series in Finance)
The Modern Role of Bond Covenants (The Research Foundation of AIMR and Blackwell Series in Finance)
List Price: USD $35.00
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Product Group: book
Manufacturer: Research Foundation of AIMR & Blackwell Publishers
Studio: Research Foundation of AIMR & Blackwell Publishers
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Editorial Review: Product Description
Bond covenants-designed to control conflicts of interest between shareholders and bondholders-are important because lack of adequate protection can erode bondholder value. This monograph investigates whether existing covenants are adequate or whether they have lost value as a result of factors that assumed prominence during the leveraged-buyout era.

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