Accounting information in the market for debt : a case study

With public debt financing being more readily available, the conflict of interests between bondholders and shareholders has grown into a topic of much interest. This conflict arises because managers who control the firm’s resources, are assumed to be acting in the interests of shareholders at the ex...

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Bibliographic Details
Main Authors: Chua, Lay Suan, Mun, Sook Yeng, Yeo, Shu Lin
Other Authors: Nanyang Business School
Format: Final Year Project (FYP)
Language:English
Published: 2014
Subjects:
Online Access:http://hdl.handle.net/10356/55558
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author Chua, Lay Suan
Mun, Sook Yeng
Yeo, Shu Lin
author2 Nanyang Business School
author_facet Nanyang Business School
Chua, Lay Suan
Mun, Sook Yeng
Yeo, Shu Lin
author_sort Chua, Lay Suan
collection NTU
description With public debt financing being more readily available, the conflict of interests between bondholders and shareholders has grown into a topic of much interest. This conflict arises because managers who control the firm’s resources, are assumed to be acting in the interests of shareholders at the expense of bondholders. As a result, various contracting mechanisms arise to limit the manager’s opportunistic behaviour. The debt contract is one of the primary mechanism.
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spelling ntu-10356/555582023-05-19T03:30:05Z Accounting information in the market for debt : a case study Chua, Lay Suan Mun, Sook Yeng Yeo, Shu Lin Nanyang Business School Chan Yoke Kai DRNTU::Business::Accounting With public debt financing being more readily available, the conflict of interests between bondholders and shareholders has grown into a topic of much interest. This conflict arises because managers who control the firm’s resources, are assumed to be acting in the interests of shareholders at the expense of bondholders. As a result, various contracting mechanisms arise to limit the manager’s opportunistic behaviour. The debt contract is one of the primary mechanism. ACCOUNTANCY 2014-03-13T03:41:13Z 2014-03-13T03:41:13Z 1995 1995 Final Year Project (FYP) http://hdl.handle.net/10356/55558 en Nanyang Technological University 103 p. application/pdf
spellingShingle DRNTU::Business::Accounting
Chua, Lay Suan
Mun, Sook Yeng
Yeo, Shu Lin
Accounting information in the market for debt : a case study
title Accounting information in the market for debt : a case study
title_full Accounting information in the market for debt : a case study
title_fullStr Accounting information in the market for debt : a case study
title_full_unstemmed Accounting information in the market for debt : a case study
title_short Accounting information in the market for debt : a case study
title_sort accounting information in the market for debt a case study
topic DRNTU::Business::Accounting
url http://hdl.handle.net/10356/55558
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AT munsookyeng accountinginformationinthemarketfordebtacasestudy
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