Bond covenants, bond issue size, and credit default spered premiums
The dissertation contains two essays. It discusses the role of bond covenants in modern capital markets and how the covenants impact corporate financial activities. Bond covenants are a potential mechanism to mitigate the agency problems between bondholders and bond issuers. Consequently, the design of bond covenants has extensive influence on firms’ financial activities.^
"Bond covenants, bond issue size, and credit default spered premiums"
Dissertations and Master's Theses (Campus Access).