Measuring investment distortions arising from stockholder-bondholder conflicts

Journal of Financial Economics

Volumn 53, Issue 1, 1999, Pages 3-42

  Parrino, Robert ^a   Weisbach, Michael S ^b  

^a UNIVERSITY OF TEXAS AT AUSTIN   (United States)

^b UNIVERSITY OF ILLINOIS AT URBANA CHAMPAIGN   (United States)

Author keywords

Asset substitution; C15; Capital structure; G32; Monte Carlo simulations; Stockholder bondholder conflicts; Underinvestment

Indexed keywords

EID: 0012235377     PISSN: 0304405X     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0304-405X(99)00015-X     Document Type: Article

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