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The Double Role of Financial Covenants in Bond Issues in Brazil
Purpose: This study aims to identify the relationship between the use of financial covenants and the cost of borrowing via bonds issued by firms in Brazil. Design/methodology/approach: The sample comprised 269 bond series issued by 106 publicly-listed companies from 2010 to 2016. Covenants were sam...
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Publicado no: | Revista Brasileira de Gestão de Negócios - RBGN |
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Main Authors: | , |
Formato: | Artigo |
Idioma: | Inglês |
Publicado em: |
Fundação Escola de Comércio Álvares Penteado
2020
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Assuntos: | |
Acesso em linha: | https://www.redalyc.org/articulo.oa?id=94768352010 |
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