Shareholder-management conflict and event risk covenants

Journal of Financial Research

Volumn 22, Issue 2, 1999, Pages 207-225

  Roth, Greg ^a   McDonald, Cynthia G ^b  

^a ST MARY'S UNIVERSITY   (United States)

^b UNIVERSITY OF MISSOURI   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 4043138386     PISSN: 02702592     EISSN: 14756803     Source Type: Journal    
DOI: 10.1111/j.1475-6803.1999.tb00723.x     Document Type: Article

References (15)

1. Bae, S., D. Klein, and R. Padmaraj, 1994, Event risk bond covenants, agency costs of debt and equity, and stockholder wealth, Financial Management 23, 28–41.
2. Bae, S., D. Klein, and R. Padmaraj, 1997, Firm characteristics and the presence of event risk covenants in bond indentures, Journal of Financial Research 20, 373–88.
3. Cook, D. and J. Easterwood, 1994, Poison put bonds: An analysis of their economic role, Journal of Financed, 1905–20.
4. Eckbo, B., 1986, Valuation effects of corporate debt offerings, Journal of Financial Economics 15, 119–52.
5. Goff, D. and T. Keasler, 1993, Examining event date accuracy: The SEC filing date compared to the Wall Street Journal announcement date, Working paper, Appalachian State University.
6. Howton, S. D., S. W. Howton, and S. B. Perfect, 1998, The market reaction to straight debt issues: The effects of free cash flow. Journal of Financial Research 21, 219–28.
7. Jensen, M., 1986, The takeover controversy: Analysis and evidence. Working paper, University of Rochester.
8. Lehn, K. and A. Poulsen, 1989, Free cash flow and stockholder gains in going private transactions, Journal of Finance 44, 771–86.
9. Lehn, K. and A. Poulsen, 1991, Contractual resolution of bondholder-stockholder conflicts in leveraged buyouts, Journal of Law and Economics 34, 645–73.
10. Martin, K. and J. McConnell, 1991, Corporate performance, corporate takeovers, and management turnover. Journal of Finance 46, 671–87.
11. Myers, S., 1977, Determinants of corporate borrowing, Journal of Financial Economics 5, 147–75.
12. Myers, S. and N. Majluf, 1984, Corporate financing and investment decisions when firms have information that investors do not have. Journal of Financial Economics 13, 197–222.
13. Nanda, V. and Y. Yun, 1996, Financial innovation and investor wealth: A study of the poison put in convertible bonds, Journal of Corporate Finance 3, 1–22.
14. Roth, G., 1995, Shareholder-management conflict and event risk covenants, Unpublished dissertation, University of South Carolina.
15. Stulz, R., 1988, Managerial control of voting rights: Financing policies and the market for corporate control, Journal of Financial Economics 20, 25–54.