Jun Yang - Latest - Bank of Canada
https://www.bankofcanada.ca/rss-feeds/
Bank of Canada RSS Feedsen2024-03-28T23:33:39+00:00Corporate Governance, Product Market Competition and Debt Financing
https://www.bankofcanada.ca/2014/02/working-paper-2014-5/
This paper examines the impact of product market competition and corporate governance on the cost of debt financing and the use of bond covenants. We find that more anti-takeover provisions are associated with a lower cost of debt only in competitive industries.2014-02-06T07:29:02+00:00enCorporate Governance, Product Market Competition and Debt Financing2014-02-06Financial marketsWorking Paper 2014-5https://www.bankofcanada.ca/wp-content/uploads/2014/02/wp2014-5.pdfCorporate Governance, Product Market Competition and Debt FinancingTeodora PaligorovaJun YangFebruary 2014GG1G12G3G34