Dynamic threshold values in earnings-based covenants

Journal

Journal of Accounting and Economics

Subject

Accounting

Publishing details

Journal of Accounting and Economics 2016 Vol 61:2-3 p 605-629

Authors / Editors

Li N; Vasvari F; Wittenberg-Moerman R

Biographies

Vasvari F

Publication Year

2016

Keywords

Syndicated loans; Financial covenants; Covenant threshold trend; Signaling hypothesis; Incomplete debt contracting theory