Bond covenants, bond issue size, and credit default spered premiums

Jiang Du, University of Rhode Island

Abstract

My dissertation contains two essays. It discusses the role of bond covenants in modern capital market and how they impact firms' financial activities. Bond covenants are effective mechanism to mitigate the agency problems between bondholders and bond issuers. The design of bond covenants has extensive influence on firms' financial activities.^

Subject Area

Economics, Finance|Economics, Theory

Recommended Citation

Jiang Du, "Bond covenants, bond issue size, and credit default spered premiums" (2015). Dissertations and Master's Theses (Campus Access). Paper AAI3689285.
http://digitalcommons.uri.edu/dissertations/AAI3689285

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