Results 201 to 210 of about 1,022 (255)

Exploring the Delivery and Management of Specialised Post-Diagnostic Care and Support in Young-Onset Dementia: A Cross-Sectional Study. [PDF]

open access: yesHealth Serv Insights
van Westendorp S   +6 more
europepmc   +1 more source

Financial covenants in the markets for public and private debt

Accounting and Finance, 2006
AbstractThe public debt contracts surveyed in Whittred and Zimmer (1986) and Stokes and Tay (1988) were issued between 1962 and 1985, and there has been significant macroeconomic, institutional and regulatory change since that time. We analyse a sample of 36 recently issued Australian public debt contracts and document a considerable change in the ...
Paul Mather
exaly   +2 more sources

Financial covenants and their restrictiveness in European LBOs – an assessment in the aftermath of the financial crisis

International Journal of Entrepreneurial Venturing, 2012
Financial covenants play a crucial role in mitigating agency conflicts in loan agreements of high leverage. In a European-wide qualitative survey among private equity experts, we assessed the impact of the financial crisis on financial covenants in leveraged buyout transactions.
Ann-Kristin Achleitner
exaly   +2 more sources

Financial Covenants and Fire Sales in Closed-End Funds

Management Science
Closed-end funds are thought to have negligible fire sale risk as they have stable funding. However, I show that embedded covenants can generate price pressure in collateralized loan obligation (CLO) funds, even though such funds are closed end.
Shohini Kundu
exaly   +2 more sources

Financial maintenance covenants in bank loans

Economic Theory, 2023
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Redouane Elkamhi   +2 more
openaire   +1 more source

When Are Financial Covenants Relevant?

SSRN Electronic Journal, 2020
This paper shows that financial covenants have no value for creditors of highly levered firms, because an attempt to enforce their rights in technical default would result in a lower payoff than continued operations under shareholders' control. This explains the widespread use of cov-lite loans by junk firms.
Sergei A. Davydenko   +2 more
openaire   +1 more source

Covenant-lite Deals and Financial Reporting Quality

SSRN Electronic Journal, 2021
We examine how covlite deals, which are debt contracts that lack systematic covenant compliance requirements, affect financial reporting quality. Examining publicly traded U.S. issuers, we show that firms significantly reduce conservative financial reporting but increase the quality of voluntary non-GAAP earnings information in the post-issue-period ...
Adnan Anil Isin, Rajesh Tharyan
openaire   +1 more source

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