Utilisation and restrictiveness of covenants in Australian private debt contracts

Accounting and Finance

Volumn 38, Issue 2, 1998, Pages 181-196

  Cotter, Julie ^a  

^a UNIVERSITY OF SOUTHERN QUEENSLAND   (Australia)

Author keywords

Bank loan agreements; Debt covenants; Restrictiveness

Indexed keywords

EID: 0038367247     PISSN: 08105391     EISSN: 1467629X     Source Type: Journal    
DOI: 10.1111/1467-629X.00009     Document Type: Article

References (10)

1. Castle, G. R., 1980, Term lending-a guide to negotiating term loan covenants and other financial restrictions, The Journal of Commercial Bank Lending, November, 26-39.
2. Cotter, J., 1997, Asset revaluations and debt contracting, unpublished working paper, Universities of Queensland and Southern Queensland.
3. Day, J. F. S. and P. J. Taylor, 1995, Debt contracting and covenants: Evidence from the UK, unpublished working paper, University of Manchester.
4. El-Gazzar, S. and V. Pastena, 1991, Factors affecting the scope and initial tightness of covenant restrictions in private lending agreements, Contemporary Accounting Research 8 (1), 132-51.
5. Gibson, C., 1983, Financial ratios as perceived by commercial loan officers, Akron Business and Economic Review, Summer, 23-7.
6. Mather, P., 1997, The use of financial covenants in Australian bank loan contracts, unpublished working paper, Monash University, Clayton.
7. Reserve Bank of Australia, 1995, Reserve Bank of Australia Bulletin, September.
8. Saren, M. A. and D. T. Brownlie, 1983, A review of technology forecasting techniques and their application (MCB University Press Limited).
9. Stokes, D. and K. L. Tay, 1988, Restrictive covenants and accounting information in the market for convertible notes: Further evidence, Accounting and Finance 28 (1), 57-73.
10. Whittred, G. and I. Zimmer, 1986, Accounting information in the market for debt, Accounting and Finance 26 (2), 19-33.