How Management Risk Affects Corporate Debt
收藏NBER2016-03-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w22091
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资源简介：
Management risk occurs when uncertainty about future managerial decisions increases a firms overall risk. This paper argues that management risk is an important yet unexplored determinant of a firms default risk and the pricing of its debt. CDS spreads, loan spreads and bond yield spreads all
提供机构：
美国国家经济研究局
创建时间：
2016-03-01
