Control rights in private credit agreements

I examine the effect of creditor control rights on borrowers' financing policy both ex-ante and ex-post. The novelty introduced by this thesis is the use of an investor protection variable reflecting the pledgeability of a firm's assets, both at industry and country level, alongside the co...

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Bibliographic Details
Main Author: Daher, Mai
Other Authors: Rossi, Stefano; Chemla, Gilles
Published: Imperial College London 2013
Subjects:
658
Online Access:http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.656390