Author: | Asquith, P. Beatty, A. Weber, J. |
Title: | Performance pricing in bank debt contracts |
Journal: | Journal of Accounting & Economics
2005 : DEC, VOL. 40:1-3, p. 101-128 |
Index terms: | agency theory banking debt economics finance interest rates |
Language: | eng |
Abstract: | This article examines performance pricing in bank debt contracts. The author finds that debt contracts with interest increasing performance pricing have lower spreads. |
SCIMA