Covenants and Third-Party Creditors: Empirical and Law & Economics Insights Into a Common Pool Problem By Daniela MatriEnglish | PDF,EPUB | 2017 | 270 Pages | ISBN : 3319620355 | 4.64 MB
This book adds to the debate on the effects of covenants on third-party creditors (externalities), which have recently become a focus of discussion in the contexts of bankruptcy law, corporate law and corporate governance. The general thrust of the debate is that negative effects on third-party creditors predominate because banks act in their own self-interest.