Who needs merger covenants? An analysis of the effects of takeover covenants within a corporate governance perspective

Day, Judith and Sigfrid, P. (2001). Who needs merger covenants? An analysis of the effects of takeover covenants within a corporate governance perspective. Journal of International Banking Law, 16(1) pp. 12–19.

Abstract

Impact of takeover covenants in debt contracts on bondholder/shareholder conflict and relationship between management and shareholders, focusing on implications for market for corporate control and management's fiduciary duties.

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