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Author:Laber, G.
Title:Bond covenants and managerial flexibility: two cases of special redemption provisions
Journal:Financial Management
1990 : SPRING, VOL. 19:1, p. 82-89
Index terms:MANAGERIAL EFFECTIVENESS
BONDS
DEPRECIATION
Language:eng
Abstract:Review of use of bond covenants to control conflicts between stock and bondholders. Maintenance and replacement funds. Funnel sinking funds. Data and tests. Redemption restrictions and special redemption prices. Three Exhibits illustrate the study.
SCIMA record nr: 82926
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