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Keywords: Bond recovery rates
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Journal Articles
Journal:
Managerial Finance
Managerial Finance (2016) 42 (8): 830–848.
Published: 08 August 2016
...Mehdi Mili; Sami Abid Purpose – The purpose of this paper is to examine the relationship between corporate governance (CG) and firms’ bond recovery rates (RRs). The authors hypothesize that governance features impact RRs by controlling agency costs that result from conflicts between bondholders...
